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 Third-Quarter Results October 22, 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 ...

Since I last wrote about the tobacco giant Philip Morris (NYSE: PM ) in August, its price hasn't budged. This isn't a surprise, though. Even at the time, its forward non-GAAP price-to-earnings (P/E) ratio was high, indicating the risk associated with a short-term investment in the stock.Manika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational ...

Philip Morris International Inc. (PM) is likely to register top and bottom-line growth when it reports third-quarter 2024 earnings on Oct. 22. The Zacks Consensus Estimate for net sales is pegged at $9.57 billion, suggesting an increase of 4.7% from the prior-year quarter’s reported figure. The consensus mark for third-quarter earnings has remained unchanged in the past 30 days at $1.83 per share, indicating a rise of 9.6% from the figure reported in the year-ago quarter. PM has a trailing four-quarter earn ...

This account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th century firms as well. We look for innovations in a business model that will cause a stock to change dramatically. Associated with SA contributors Thomas Potter and Elijah Buell.Analyst’s Disclosure: I/we h ...

The upcoming report from Philip Morris (PM) is expected to reveal quarterly earnings of $1.83 per share, indicating an increase of 9.6% compared to the year-ago period. Analysts forecast revenues of $9.57 billion, representing an increase of 4.7% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company reveals its earnings, it is vi ...

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The content in this article is for informational, educational, and entertainment purposes only. This ...

Since the last time I covered Philip Morris International (NYSE: PM ), its stock price has increased by 9.9%, constituting a total return of 11.2%. I indicated then that I didn't have a position in PM butWelcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-solid pillar in my financial foundation through dividend investing. I believe it’s one of the most accessible paths to ach ...

Group 1 - Philip Morris (PM) is a notable stock in the Consumer Staples sector, which consists of 184 individual stocks and holds a Zacks Sector Rank of 9 [1] - PM has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, with the consensus estimate for its full-year earnings increasing by 2% over the past quarter [2] - Year-to-date, PM has returned approximately 28.5%, significantly outperforming the Consumer Staples sector average return of 10.4% [2] Group 2 - Another strong performer in the Consumer Staples sector is Pilgrim's Pride (PPC), which has achieved a year-to-date return of 55.8% [2] - The consensus estimate for Pilgrim's Pride's current year EPS has risen by 12.7% in the last three months, and it holds a Zacks Rank of 1 (Strong Buy) [3] - Philip Morris is part of the Tobacco industry, which includes 6 stocks and currently ranks 15 in the Zacks Industry Rank, with an average gain of 30.5% year-to-date, indicating PM is slightly underperforming its industry [3]

Tobacco giant Philip Morris International Inc. PM invested $232 million to expand its Kentucky facility. Goldman Sachs analyst Bonnie Herzog expects the Marlboro parent company to report strong results for its fiscal third quarter on Oct. 22.Herzog reiterated a Buy rating and raised the price target from $126 to $140.The Philip Morris International Thesis: The cigarette producer is likely to "comfortably reach" a 10% share of the U.S. combustible and heat-not-burn market by around 2030, Herzog wrote in a no ...

The interest of US tobacco investors is focused mainly on two companies: Altria ( MO ) and British American Tobacco ( BTI ). These two have the lion's share of sales inTed Waller is a private investor who bought his first stock at age 13 (GTE) and has over 55 years of investing experience. His focus is on value and favorable risk/reward ratio, and special situations. Acquiring wealth is an incremental process that requires setting goals, adherence to principles, and patience.Analyst’s Disclosure: I/we have ...