Philip Morris Int'l income up nearly 8 percent RICHMOND, Va. - Cigarette maker Philip Morris International (PM) says its fourth-quarter net income grew nearly 8 percent as it commanded higher prices for its brands. The seller of Marlboro and other cigarette brands outside the U.S. said Thursday it earned $1.88 billion, or $1.08 per share, for the period ended Dec. 31. That's up from $1.75 billion, or 96 cents per share, a year ago. Adjusted earnings were $1.10 per share, matching analyst expectations. Excluding excise taxes, revenue grew 9 percent to $7.67 billion. Analysts polled by FactSet expected $7.39 billion. Philip Morris International Inc. says it shipped less than 1 percent more cigarettes than last year's quarter. Gains in Asia helped offset declines in the European Union, and Latin American and Canada.