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Top Midday Stories: Shares of GE, Novartis, Danaher and Philip Morris Up Post-Earnings; Pepsi Stock Down Post-Earnings; Apple iPhone China Sales Drop 19%; Trump Poised for Windfall From Media Company Stock MT
Global markets live: Bayer, PepsiCo, Halliburton, Spotify, Apple... Our Logo
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Philip Morris raises annual targets CF
Corporate results bound the become the next catalyst for markets Our Logo
Transcript : Philip Morris International Inc., Q1 2024 Earnings Call, Apr 23, 2024
Philip Morris results beat estimates on demand for heated tobacco sticks RE
Philip Morris Adjusted Q1 Earnings, Revenue Rise; Lowers Full-Year Profit Guidance MT
Philip Morris International Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
Earnings Flash (PM) PHILIP MORRIS INTERNATIONAL Reports Q1 EPS $1.50, vs. Street Est of $1.41 MT
Futures Gain Pre-Bell Ahead of Latest Round of Earnings; Asia Mostly Up, Europe Strong MT
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Consumer Edge Adjusts Price Target on Philip Morris International to $105 From $104 MT
US FDA issues warning letters to retailers against underage sale of ZYN nicotine pouches RE
Biden administration US ban on menthol cigarettes delayed RE
Philip Morris International Prepares to Launch Heated Tobacco Device in Texas MT
Philip Morris nears Texas launch of flagship heated tobacco device RE
European Governments Mull Stricter Rules for Zero-tobacco Heat Sticks MT
European regulators close in on Big Tobacco's new tea sticks RE
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Philip Morris International, Inc. is one of the world leading producers of cigarettes and tobacco products. In 2023, the group sold 612.9 billion cigarettes (under the brand names Marlboro, Parliament, Chesterfield, L&M, Bond Street, Philip Morris, Next, Lark, Sampoerna A, Dji Sam Soe, etc.) and 125.3 billion heated tobacco (IQOS, HEETS, Marlboro Dimensions, Marlboro HeatSticks, Parliament HeatSticks et Fiit and Miix brands). At the end of 2023, Philip Morris International, Inc. had 50 manufacturing sites worldwide. Net sales (excluding Swedish Match and Wellness and Healthcare products) are distributed geographically as follows: Americas (6%), Europe (42%), South and Southeast Asia/CIS/Middle East/Africa (32.8%), East Asia and Australia (19.2%).
Sector
Tobacco
Related indices
More about the company
Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
94.06 USD
Average target price
108.1 USD
Spread / Average Target
+14.92%
Consensus
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  5. Philip Morris' H1 Earnings Beat Forecasts; FY Outlook Raised