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Philip Morris

Malboro is an American brand of cigarettes, currently owned and manufactured by Philip Morris USA. It is sold globally and one of the most popular ciggarettes in the world.

Malboro

Philip Morris International, Inc. is a holding company, which engages in the business of delivering a smoke-free future and evolving a portfolio for the long term to include products outside of the tobacco and nicotine sector. It operates through the following geographical segments: Europe Region (Europe), South and Southeast Asia, Commonwealth of Independent States, Middle East, and Africa Region (SSEA, CIS, and MEA), East Asia, Australia, and PMI Duty Free Region (EA, AU, and PMI DF), and Americas Region (Americas). The Europe segment includes all the European Union countries, Switzerland, the United Kingdom, Ukraine, Moldova, and Southeast Europe. The SSEA, CIS, and MEA segment focuses on South and Southeast Asia, the African continent, the Middle East, Turkey, Israel, Central Asia, Caucasus, and Russia. The EA, AU, and PMI DF segment is involved in the consolidation of international duty-free business with East Asia and Australia. The Americas segment is comprised of the United States, Canada, and Latin America. The company was founded by Philip Morris in 1847 and is headquartered in Stamford, CT.

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Philip Morris excels in 2022, eyes growth through sustainability

Philip Morris navigated challenges in 2022 to deliver strong results and is poised for continued growth in 2023. By focusing on smoke-free products, sustainability, and strategic investments, PM is positioning itself for long-term success despite geopolitical and economic headwinds.

Philip Morris beats Q1 expectations with strong IQOS performance

Philip Morris delivered a strong Q1 performance driven by IQOS, ZYN, and combustibles.
Despite challenges like currency devaluation and volume declines, PMI remains optimistic.
Future opportunities lie in organic growth, commercial investments, and smoke-free product expansion.
Overall, PMI aims for continued growth in 2023 with a focus on key product lines.

Philip Morris (PM) reports record earnings, eyes growth in smoke-free products

Philip Morris International (PM) delivered strong financial performance in Q2 2023, driven by the success of ZYN and IQOS. The company is focused on maximizing the potential of its smoke-free business, particularly IQOS and ZYN, while addressing challenges in deleveraging the balance sheet and potential M&A. Opportunities for growth include expanding market presence for ILUMA and maintaining strong performance in combustibles.

Philip Morris reports strong Q3 earnings driven by smoke-free products

Philip Morris International's Q3 performance was robust, driven by smoke-free products like IQOS and ZYN. Despite challenges like inventory concerns and currency impacts, the company is focused on growth opportunities and investment in key markets. Strong outlook for organic income growth and continued focus on reduced-risk products.

Philip Morris excels in smoke-free products, eyes global expansion

Philip Morris delivered strong results in 2023, driven by smoke-free products. Despite challenges like currency impacts and regulatory concerns, the company aims for continued growth and market expansion.

Philip Morris (PM) surpasses Q1 expectations, faces currency challenges

Philip Morris (PM) delivered strong Q1 2024 results driven by IQOS and ZYN businesses, exceeding expectations across key financial metrics. The company faces challenges from currency headwinds, geopolitical factors, and supply chain tensions. Strategic pricing actions and market expansion present growth opportunities.

Philip Morris excels in Q2 2024 with strong product growth

Philip Morris' Q2 2024 performance showcased strong growth in key products and markets, with a focus on responsible marketing and growth strategies for smoke-free offerings. The company remains optimistic about future growth prospects despite challenges.

Philip Morris excels in Q3, raises guidance on strong performance

Philip Morris International Inc. reported exceptional Q3 results, surpassing expectations and demonstrating strong performance across its portfolio. Despite challenges such as supply constraints and illicit product concerns, the company remains focused on growth opportunities, including expanding production capacity and advancing sustainability efforts.

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Philip Morris beat both earnings and revenue estimates in the second quarter. Look into some ETFs to capitalize.

5 ETFs to Make the Most of Philip Morris's Q2 Earnings Beat

Philip Morris International Inc. ( PM , Financial) released a stellar second-quarter earnings report on Thursday, which led to a surge in its stock price. The world's largest tobacco company beat its revenue target by $290 million and trumped its earnings per share estimate by 12 cents, suggesting that market analysts underappreciated its resilience against a shaky economy.

Philip Morris Offers Value Following Earnings Beat

Philip Morris (NYSE: PM), the giant tobacco company, published strong Q2 results that beat analysts estimates. The company's revenue jumped by 14.9% to $9 billion, about $290 million higher than estimates.

Philip Morris boosts revenue guidance as tailwinds rise

Philip Morris International Inc. (NYSE:PM ) Q2 2023 Earnings Conference Call July 20, 2023 9:00 AM ET Company Participants Emmanuel Babeau - CFO James Bushnell - VP, IR, and Financial Communications Conference Call Participants Pamela Kaufman - Morgan Stanley Vivien Azer - TD Cowen Gaurav Jain - Barclays Bonnie Herzog - Goldman Sachs Matt Smith - Stifel Owen Bennett - Jefferies Jared Dinges - JPMorgan Operator Good day, everyone, and welcome to the Philip Morris International Second Quarter 2023 Earnings Conference Call. Today's call is scheduled to last about one hour, including remarks by Philip Morris International management and a question-and-answer session.

Philip Morris International Inc. (PM) Q2 2023 Earnings Call Transcript

Although the revenue and EPS for Philip Morris (PM) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Philip Morris (PM) Q2 Earnings: A Look at Key Metrics

Philip Morris' (PM) second-quarter 2023 results reflect gains from favorable pricing variance and strong smoke-free product volumes.

Philip Morris (PM) Q2 Earnings Beat Estimates, Pricing Aids

Philip Morris (PM) came out with quarterly earnings of $1.60 per share, beating the Zacks Consensus Estimate of $1.48 per share. This compares to earnings of $1.48 per share a year ago.

Philip Morris (PM) Beats Q2 Earnings and Revenue Estimates

Philip Morris International Inc (NYSE:PM) has reported second-quarter earnings that beat expectations, boosted by strong sales of smoke-free alternatives including Swedish Match.  The Marlboro owner raised its stake in Swedish Match, which produces wet snuff snus products and tobacco-free nicotine ZYN pouches, to 93% last year, in a move away from cigarettes.

Philip Morris says smoke-free alternatives ignite Q2 performance

The maker of Marlboro cigarettes, Philip Morris, posted better-than-expected earnings for the second quarter.

Philip Morris Earnings Outlook Falls Short

Shares of Philip Morris International Inc. PM, +0.43% edged up 0.4% in premarket trading, after the cigarette seller topped second-quarter profit expectations, but provided a somewhat downbeat full-year outlook as industry volumes are expected to decline. Net earnings per share fell to $1.01 from $1.43, while EPS excluding nonrecurring items, increased to $1.60 from $1.48 to beat the FactSet consensus of $1.50.

Philip Morris stock edged up after profit beats expectations but full-year outlook is a bit shy

STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) today announces its 2023 second-quarter and first-half results. Growth rates presented in this press release on an organic basis reflect adjusted results, excluding currency, acquisitions and disposals. Further explanation of PMI's use of non-GAAP measures cited in this document and reconciliations to the most directly comparable U.S. GAAP measures can be found in the “Non-GAAP Measures and Reconci.

Philip Morris International Reports 2023 Second-Quarter and First-Half Results

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Dividend growth stocks often produce market-beating returns. Prudential Financial and Philip Morris are two top-shelf dividend growth plays to consider right now.

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Philip Morris (PM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Philip Morris (PM) Might Surprise This Earnings Season

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Philip Morris International Inc. is the largest cigarette company in the world, with a market capitalization of more than $150 billion and a 5+% dividend. The company is working to rapidly build up its HTU business, helping substantially in light of the decline in traditional cigarette volumes. We expect Philip Morris to continue its double-digit growth and drive substantial dividends and returns.

Philip Morris' Strong Asset Portfolio

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Philip Morris, a leading cigarette manufacturer, is shifting its focus towards a "smoke-free future" and diversifying its product portfolio beyond tobacco and nicotine. PM has found success in the smokeless and tobacco-free nicotine market with its product ZYN, which holds a 67.3% market share. Despite potential health concerns, management remains optimistic about the future of its non-combustible products, though regulatory and public perception risks remain.

Philip Morris: Assessing The Impact Of ZYN

Philip Morris International is a solid investment opportunity with a focus on smoke-free products, offering a hefty dividend payment and a fair valuation. The company's primary growth driver is its smoke-free products, with a 25% increase in units sold in Europe last year. Risks include tight regulation of tobacco products, health consciousness reducing the percentage of smokers, and increased competition in the smoke-free product market.

Buy Philip Morris For Your Dividend Growth Portfolio

I recommend Philip Morris International Inc. as a good investment for dividend investors due to its strong dividend yield and robust financial performance. The company is diversifying its product portfolio with smoke-free products like IQOS and Nicocig, and has a diversified geographic exposure with significant revenue from emerging markets. Despite facing challenges such as regulatory uncertainty, litigation risks, and competition, the company has opportunities for growth in the smoke-free product segment and new markets.

Philip Morris International: An Interesting Dividend Play

Philip Morris International is seeing growth driven by its smoke-free products IQOS and ZYN. PM expects a strong Q2 and reaffirmed its full-year forecast. The company plans to reintroduce IQOS in the U.S. market next year, which could be a strong growth driver.

Philip Morris: The Growth Story Is Just Beginning

We expect PM stock to trade higher, with its revenue and earnings likely exceeding the street expectations.

Pricing Gains To Drive Philip Morris' Q2?

Philip Morris' (PM) second-quarter results are likely to reflect gains from pricing and strength in reduced-risk products amid cost inflation.

Philip Morris (PM) Readies for Q2 Earnings: Things to Note

Philip Morris (PM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Philip Morris (PM) Expected to Beat Earnings Estimates: Should You Buy?

STAMFORD, Conn.--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) will host a live audio webcast at www.pmi.com/2023Q2earnings on Thursday, July 20, 2023, at 9:00 a.m. ET, to discuss its 2023 second-quarter and first-half results, which will be issued at approximately 7:00 a.m. ET the same day. The webcast will be hosted by Emmanuel Babeau, Chief Financial Officer, and will include discussion of PMI's financial results and a Q&A session with the investment.

Philip Morris International to Host Webcast of 2023 Second-Quarter and First-Half Results

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The economic data is showing that a recession is almost certainly coming, but it now appears to be most likely to start in the first half of 2024. Impatience, and fear of missing out, have caused many investors to forget the painful lessons of 2022, chasing momentum despite insane valuations in some stocks. Wall Street isn't a game won by the smartest but by the most prudent and patient.

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