India, July 22 -- Philip Morris International Inc. (PM) reported Tuesday that net earnings attributable to PMI for the quarter grew to $3.04 billion or $1.95 per share from $2.41 billion or $1.54 per share in the prior-year quarter.
Excluded items, adjusted earnings for the quarter were $1.91 per share, compared to $1.59 per share in the year-ago quarter. Excluding currency, adjusted earnings were $1.89 per share.
On average, ten analysts polled by Thomson Reuters expected the company to report earnings of $1.86 per share for the quarter. Analysts' estimates usually exclude special items.
Net revenues for the quarter increased 7.1 percent to $10.14 billion from $9.47 billion in the same quarter last year. Analysts expected revenues of $1...