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Actionable news in PM: PHILIP MORRIS INTERNATIONAL Inc,

What to Expect When Philip Morris (PM) Reports Earnings on Thursday

NEW YORK (TheStreet) -- Philip Morris (PM - Get Report) is scheduled to report its financial results for the 2015 third quarter before the market open on Thursday.

Analysts are expecting the company to post a year over year decline in earnings and revenue for the most recent quarter.

Philip Morris has been forecast to report earnings of $1.11 per share on revenue of $6.76 billion by analysts surveyed by Thomson Reuters.

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Last year, the company reported earnings of $1.38 per share on revenue of $7.9 billion for the 2014 third quarter.

Philip Morris, based in New York City, is engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States.

Shares of the company are rising by 0.92% to $85.19 in mid-morning trading on Wednesday.

Separately, TheStreet Ratings team rates PHILIP MORRIS INTERNATIONAL as a Hold with a ratings score of C+...


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