 Shares of Philip Morris International Inc. PM, 0.19 rallied 1.8 in premarket trading Thursday, after the cigarette and heated tobacco units seller reported third-quarter profit that and revenue that fell from a year ago, as rising costs hurt margins, but beat expectations amid increased pricing and a favorable mix shift to smoke-free products. Operating income fell to 2.97 billion from 3.46 billion and earnings per share dropped to 1.34 from 1.55 a share. 