Core Viewpoint - Philip Morris is expected to report quarterly earnings of $1.85 per share, reflecting a 16.4% increase year-over-year, with revenues projected at $10.25 billion, an 8.3% increase from the previous year [1]. Earnings Projections - Analysts have revised the consensus EPS estimate 0.5% higher over the last 30 days, indicating a collective reevaluation of initial estimates [1][2]. Revenue Estimates - The estimated 'Net Revenues- Smoke-Free Excl. W&H- Total' is projected at $4.23 billion, showing a year-over-year change of +19.7% [4]. - 'Net Revenues- Combustible Tobacco- Total' is expected to reach $6.08 billion, indicating a +3.8% change from the prior-year quarter [4]. - 'Net Revenues by Geography- EA, AU & PMI DF' is forecasted at $1.77 billion, reflecting a +6.1% year-over-year change [5]. - 'Net Revenues by Geography- Europe' is anticipated to be $4.26 billion, with an +11.8% change from the previous year [5]. - 'Net Revenues by Geography- SSEA, CIS & MEA' is estimated at $2.93 billion, indicating a +5.9% change [5]. - 'Net Revenues by Geography- Americas' is projected to reach $1.33 billion, reflecting a +17.8% change from the prior-year quarter [6]. Shipment Volume Estimates - 'Shipment Volume - Cigarettes and HTUs - Total' is expected to be 195.25 billion, compared to 193.16 billion in the same quarter last year [6]. - 'Shipment Volume - EA, AU & PMI DF - Total' is projected at 27.10 billion, slightly down from 27.35 billion year-over-year [7]. - 'Shipment Volume - SSEA, CIS & MEA - Total' is expected to be 95.56 billion, compared to 94.33 billion in the same quarter last year [7]. - 'Shipment Volume - Americas - Total' is forecasted to reach 16.46 billion, up from 15.09 billion in the same quarter last year [8]. - 'Shipment Volume - Cigarettes and HTUs - Heated Tobacco Units' is projected at 38.37 billion, compared to 35.54 billion in the same quarter last year [8]. - 'Shipment Volume - Americas - Cigarettes' is expected to be 14.59 billion, slightly down from 14.89 billion year-over-year [9]. Market Performance - Philip Morris shares have shown a return of +0.4% over the past month, while the Zacks S&P 500 composite has changed by +4.2% [10].
Gear Up for Philip Morris (PM) Q2 Earnings: Wall Street Estimates for Key Metrics