UPDATE 1-Philip Morris profit beats; raises view

Thu Oct 22, 2009 7:20am EDT

* Q3 EPS 93 cts vs Wall St view for 91 cts

* Raises '09 EPS view to $3.20-$3.25 from $3.10-$3.20

NEW YORK Oct 22 (Reuters) - Marlboro cigarette maker Philip Morris International Inc (PM.N) posted higher-than-expected quarterly profit and raised its full-year outlook on Thursday, helped by price increases in some markets.

The world's largest non-state-owned tobacco company said profit was $1.80 billion, or 93 cents a share, in the third quarter, down from $2.08 billion, or $1.01 a share, a year earlier.

Analysts on average were expecting 91 cents a share, according to Thomson Reuters I/B/E/S.

The company said it expected to earn $3.20 to $3.25 per share in 2009, up from an earlier forecast of $3.10 to $3.20.

Analysts on average were expecting $3.24 per share for the year, according to Thomson Reuters I/B/E/S. (Reporting by Martinne Geller; Editing by Lisa Von Ahn)

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