Philip Morris (PM) Stock Surges as Forecast Raised Again – Smoke-Free Push Ignites Rally
PM Stock Jumps on Earnings Beat and Forecast Boost Philip Morris International’s stock got a fresh jolt after the company announced better-than-expected third-quarter results and lifted its full-year outlook yet again. Adjusted Q3 earnings came in at $2.24 per share, handily beating analyst estimates of about $2.09 Reuters. The earnings beat – coupled with management’s third upward profit forecast revision…