Philip Morris (PM) came out with quarterly earnings of $1.36 per share, missing the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $1.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.56%. A quarter ago, it was expected that this seller of Marlboro and other cigarette brands would post earnings of $1.61 per share when it actually produced earnings of $1.67, delivering a surprise of 3.73%.Over the ...

Philip Morris International Inc.’s stock PM, -0.24% was down by 0.5% in premarket trading on Thursday after the cigarette maker reported a 1.2% drop in fourth-quarter net income, while its cigarette shipment volume fell 1.9%. The company said it earned $2.19 billion, or $1.41 a share in the fourth quarter, down from $2.38 billion, or $1.54 a share, in the year-ago quarter. Adjusted profit of $1.36 a share fell short of the FactSet consensus estimate of $1.45 a share. Revenue increased by 11% to $9.05 billi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 13-3435103 (State or other jurisdiction ...

Philip Morris International Inc. (PM) is likely to register top-and-bottom-line growth when it reports fourth-quarter 2023 earnings on Feb 8. The consensus mark for quarterly earnings has increased by a penny in the past 30 days to $1.44 per share, indicating growth of 3.6% from the year-ago quarter’s reported figure. PM has a trailing four-quarter earnings surprise of 5.8%, on average.The Zacks Consensus Estimate for revenues is pegged at approximately $9 billion, suggesting an increase of 9.9% from the pr ...

STAMFORD, CT--(BUSINESS WIRE)--For the fourth consecutive year, Philip Morris International Inc. (PMI) (NYSE: PM) has received a “triple-A” rating from CDP for its disclosures on climate change, forests, and water security—placing PMI among the world’s leading companies in environmental transparency and action. PMI has maintained a position on CDP’s Climate A List for the past 10 years, reflecting its commitment to transparency and performance as the company progresses toward achieving its science-based ...

STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International Inc (PMI) (NYSE: PM) is pleased to announce that it has reached a global settlement with British American Tobacco p.l.c. (BAT) that resolves all ongoing patent infringement litigation between the parties related to our heated tobacco and vapor products. Patent protection is a critical component of the innovation driving PMI’s strategies and the company welcomes this settlement as the best path forward for its business plans. The settlement include ...

STAMFORD, Conn.--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) will host a live audio webcast at www.pmi.com/2023Q4earnings on Thursday, February 8, 2024, at 9:00 a.m. ET, to discuss its 2023 Fourth-Quarter and Full-Year financial results, which will be issued at approximately 7:00 a.m. ET the same day. The webcast will be hosted by Jacek Olczak, Chief Executive Officer, and Emmanuel Babeau, Chief Financial Officer, and will include discussion of PMI’s financial resul ...

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In the latest trading session, Philip Morris (PM) closed at $91.70, marking a +0.94% move from the previous day. This change outpaced the S&P 500's 0.76% gain on the day. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 1.12%.Shares of the seller of Marlboro and other cigarette brands witnessed a loss of 3.43% over the previous month, trailing the performance of the Consumer Staples sector with its gain of 4.52% and the S&P 500's gain of 2.5%.The upcoming earnings relea ...

STAMFORD, Conn.--(BUSINESS WIRE)--Moira Gilchrist, Global Chief Communications Officer at Philip Morris International (PMI), clarifies company’s marketing practices and facts related to ZYN nicotine pouches. ...