Philip Morris (PM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this seller of Marlboro and other cigarette brands have returned +5.6% over the past month versus the Zacks S&P 500 composite's -4.2% change. The Zacks Tobacco industry, to which Philip Morris belongs, has gained 2.2% over this period. Now the key question is: Where could the stock be head ...

MADRID, SPAIN - 2023/10/24: Pedestrians walk past the heated tobacco and electronic cigarette ... [+] products brand and manufactured by Philip Morris International (PMI), IQOS, seen in Madrid. (Photo by Xavi Lopez/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesPhilip Morris (NYSE: PM) recently reported its Q1 results, with revenues and earnings above the street estimates. The company reported revenue of $8.8 billion and adjusted earnings of $1.50 per share, compared to the ...

Its products might be controversial, but the company has many admirers in the investment community.Despite their reputation as "sin stocks," tobacco company shares have historically enjoyed rather wide popularity among investors. Many investors like them because of their high margins, robust cash flow, and the high dividends they typically pay. That outsized interest helps explain why more than a few analysts are bullish on the sector.Tobacco industry mainstay Philip Morris International (PM -1.11%) was the ...

The tobacco giant will soon be allowed to sell a proven product in a proven market.The tobacco industry is obviously still around, but there's no denying it's on the defensive. The smoking cessation movement has been whittling away at the number of worldwide smokers for decades, and there's no real growth in store for the traditional cigarette business.And yet, tobacco giant Philip Morris International (PM -1.11%) is still a compelling investment prospect that's about to get even better. On Wednesday, May 1 ...

Did you analyze how Philip Morris (PM) fared in its international operations for the quarter ending March 2024? Given the widespread global presence of this seller of Marlboro and other cigarette brands, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth pat ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☑ 1934 For the quarterly period ended March 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from to Commission File Number 001-33708 Philip Morris International Inc. (Exact name of registrant as specified in its charter) Virginia 13-3435 ...

Shares of the tobacco giant jumped on a strong earnings report.Shares of Philip Morris International (PM 3.83%) were moving higher today after the international tobacco giant posted strong results in its first-quarter earnings report, driven by growth in its IQOS heated tobacco sticks.The stock closed up 3.8% on the news. IQOS is heating up Philip Morris' stockPhilip Morris continued to make progress toward smoke-free products making a majority of its revenue as they represented 39% of revenue in the first ...

Philip Morris International Inc. (NYSE:PM) Q1 2024 Earnings Conference Call April 23, 2024 9:00 AM ET Corporate Participants James Bushnell - VP, IR, and Financial Communications Emmanuel Babeau - Chief Financial Officer Jennifer Motles - Chief Sustainability Officer. Conference Call Participants Matt Smith - Stifel Bonnie Herzog - Goldman Sachs Owen Bennett - Jefferies Faham Baig - UBS Gaurav Jain - Barclays Callum Elliott – Bernstein Operator Good day, and thank you for standing by. Welcome to the Philip ...

For the quarter ended March 2024, Philip Morris (PM) reported revenue of $8.79 billion, up 8.6% over the same period last year. EPS came in at $1.50, compared to $1.38 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $8.44 billion, representing a surprise of +4.14%. The company delivered an EPS surprise of +6.38%, with the consensus EPS estimate being $1.41.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

Exhibit 99.2 Philip Morris International Inc. Glossary of Key Terms, Definitions and Explanatory Notes; and Select Financial Information and Reconciliations of Non-GAAP Financial Measures 2024 First-Quarter Results April 23, 2024 1 Glossary of Key Terms, Definitions and Explanatory Notes 2 General • "PMI" refers to Philip Morris International Inc. and its subsidiaries. Trademarks and service marks that are the registered property of, or licensed by, the subsidiaries of PMI, are italicized. • Comparisons are ...