Shares of Philip Morris International (PM) soared following its earnings results, making it TheStreet’s Move of the Day. The tobacco producer reported better than expected first quarter earnings Wednesday morning. Philip Morris topped the consensus estimate on both the top and bottom line for the period. Looking ahead, the New York City-based cigarette and tobacco company guided full year 2015 earnings more than a dime above Wall Street expectations. Shares ended the regular session up on very heavy trading volume. The stock was one of the top gainers on the S&P 500. TheStreet’s Kurumi Fukushima reports in New York.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
