Philip Morris International Inc. (PMI) Reports 2015 First-Quarter Results; Increases 2015 Full-Year Reported Diluted EPS Forecast to a Range of $4.32 to $4.42, Reflecting Currency-Neutral Growth of 9%

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Go back to Philip Morris International Inc. (PMI) Reports 2015 First-Quarter Results; Increases 2015 Full-Year Reported Diluted EPS Forecast to a Range of $4.32 to $4.42, Reflecting Currency-Neutral Growth of 9%

UPDATE: Cowen Upgrades Philip Morris (PM) to Outperform as Performance Gets Back on Track

April 16, 2015 1:25 PM EDT

(Updated - April 16, 2015 1:34 PM EDT)

Cowen upgraded Philip Morris (NYSE: PM) from Market Perform to Outperform with a price target of $97.00 (from $78.00). The change follows Q1 results and guidance. Analyst Vivien Azer pointed to signs of an inflection, as the company gets back on track to delivering against their long-term targets.

"Notably, while results have been... More

Philip Morris (PM) Tops Q1 EPS by 15c; Boosts FY15 EPS Outlook

April 16, 2015 7:00 AM EDT

Philip Morris (NYSE: PM) reported Q1 EPS of $1.16, $0.15 better than the analyst estimate of $1.01. Revenue for the quarter came in at $6.6 billion versus the consensus estimate of $6.14 billion.

Cigarette shipment volume of 198.8 billion units, up by 1.4% excluding acquisitions

Philip Morris sees FY2015 EPS of... More