(Reuters) - Philip Morris International on Thursday beat Wall Street expectations for quarterly profit, boosted by a let up in soaring costs of tobacco and labor, and robust demand for its heated tobacco products.
The company reported third quarter adjusted profit of $1.67 per share. Analysts on average had expected a profit of $1.61 per share, according to LSEG data.
(Reporting by Juveria Tabassum and Emma Rumney; editing by Milla Nissi)