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Cross-border cigarette sales have been an issue for tobacco company to try and survive

However, Philip Morris delivered adjusted earnings of $1.91 per share, surpassing both the consensus of $1.86 and the management guidance of $1.80-$1.85

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Founded in 1987, the firm specializes in manufacturing cigarettes, smoking blends, sheesha, and flavored tobacco, distributing its products to markets across Asia, the Middle East, and Africa