The latest trading session saw Philip Morris (PM) ending at $92.43, denoting a +0.12% adjustment from its last day's close. The stock lagged the S&P 500's daily gain of 0.22%. Meanwhile, the Dow experienced a rise of 0.36%, and the technology-dominated Nasdaq saw an increase of 0.32%.Coming into today, shares of the seller of Marlboro and other cigarette brands had lost 0.67% in the past month. In that same time, the Consumer Staples sector gained 3.22%, while the S&P 500 gained 1.61%.The investment communi ...

FABRICE COFFRINI/AFP via Getty ImagesBackground We last covered Philip Morris (NYSE:PM) in July of 2023--you can read the article by clicking here. At the time, we were bullish on the prospects of the long-downtrodden tobacco company as it seeks to diversify its offerings and move towards a 'smoke-free future.' Since article, the stock has largely traded sideways, underperforming the market by a fairly wide margin. KoyfinIn the last half-year, Philip Morris has delivered negative 4.5% on a total retur ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--A white paper and survey released today by Philip Morris International Inc. (PMI) (NYSE: PM) examine the increasing influence of the Fifth Estate on public discourse. Encompassing a vast and diverse range of independent commentators, social media users, content creators, and online communities, the Fifth Estate poses unprecedented challenges and opportunities for established institutions by empowering individuals and citizen-led movements to drive change. “The Fift ...

Philip Morris International Inc. (PM) has demonstrated solid resilience amid challenges on its path due to its robust pricing power. A focus on smoke-free alternatives as a response to consumers’ growing health consciousness has been helping the company stay aligned with the evolving trends.Strength in Smoke-Free ProductsPM has been making significant strides in transforming its business, acknowledging the change in consumer preferences toward reduced-risk products. Smoke-free products accounted for 36.2% o ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Philip Morris (PM) , which belongs to the Zacks Tobacco industry, could be a great candidate to consider.This seller of Marlboro and other cigarette brands has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 5.92%.For the most recent quarter, Phili ...

Philip Morris International Inc. (PM) has been treading well on its growth trajectory with its strategic pricing and focus on smoke-free alternatives in the face of soft cigarette volumes. Given consumers’ growing inclination toward reduced-risk products, this tobacco biggie is on track to become a majority smoke-free company by 2025.These upsides are likely to continue aiding this Zacks Rank #3 (Hold) company in solidifying its market position moving forward as well.Adding Leaves to the Growth StoryPhilip ...

Spencer Platt Overview Philip Morris International (NYSE:PM) functions as a tobacco company with a focus on shaping a smoke-free future and expanding its long-term portfolio to encompass products beyond the tobacco and nicotine industry. The company's core product range includes cigarettes and smoke-free alternatives, such as heat-not-burn, vapor, and oral nicotine products, primarily marketed under the IQOS and ZYN brands. I completely understand that "sin stocks" aren't everyone's cup of tea. "Sin stocks" ...

Philip Morris International, Inc. (NYSE:PM) Morgan Stanley Global Consumer & Retail Conference Call December 5, 2023 9:30 AM ET Company Participants Emmanuel Babeau - CFO Conference Call Participants Pamela Kaufman - Morgan Stanley Pamela Kaufman Good morning, everyone. I'm Pamela Kaufman, Morgan Stanley's U.S. Food and Tobacco Analyst. I'm very excited to be joined on stage with Emmanuel Babeau, CFO of Philip Morris. Emmanuel, thanks for joining us. Emmanuel Babeau Thank you for having me, Pam. Thank you v ...

Philip Morris International Inc. (NYSE:PM) Chief Executives for Corporate Purpose CEO Investor Forum 2023 Call November 14, 2023 11:00 AM ET Company Participants Jacek Olczak - CEO and Chairman Conference Call Participants Unidentified Company Representative [Abrupt Start] …is really some of the most transformational efforts happening in business. Inevitably, when we send out invites to investors, both here and who are here in-person and those online, we'll hear from a few. I don't even want to hear from th ...

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 September 30, 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 ...