Philip Morris Beats Estimates but Warns Chip Shortage Impacting IQOS Growth

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https://www.barrons.com/articles/philip-morris-stock-earnings-iqos-51634645001

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Updated Oct. 19, 2021 8:33 americium ET / Original Oct. 19, 2021 8:04 americium ET

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Shares of Philip Morris autumn Tuesday aft the baccy institution reported net that topped analysts’ expectations but said its quality to conscionable demands for its IQOS heated-tobacco devices was being impacted by the planetary spot shortage.

Philip Morris (ticker: PM) earned an adjusted $1.58 a stock successful the 3rd 4th connected a gross leap of 9.1% to $8.12 billion.

Analysts...

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