UPDATE 1-Philip Morris quarterly profit misses estimates

* EPS $0.90 vs Wall St $0.93 view

* Cigarette volume up 0.7 percent

CHICAGO, April 22 (BestGrowthStock) – Philip Morris International
(PM.N: ) posted a quarterly profit below Wall Street estimates,
pressured by weakness in markets like Turkey and Romania that
have been hit by the struggling economy and excise tax

The world’s largest non-state-owned cigarette maker also
stood by its full-year earnings forecast, which could fall
below many analysts’ estimates.

First-quarter profit (Read more your timing to make a profit.) rose to $1.75 billion, or 90 cents a
share, from $1.52 billion, or 74 cents a share, a year

Analysts on a average expected the Marlboro cigarette maker
to earn 93 cents a share, according to Thomson Reuters

The company shipped 204.7 billion cigarettes, up 0.7
percent from a year earlier.

Investing Analysis

(Reporting by Brad Dorfman; Editing by Lisa Von Ahn)

UPDATE 1-Philip Morris quarterly profit misses estimates