Philip Morris International Inc. (PMI) Reports 2015 Third-Quarter Results; Revises and Narrows 2015 Full-Year Reported Diluted EPS Forecast for Currency and an Improved Business Outlook

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Cowen Raises Price Target on Philip Morris (PM) Following 3Q15 Earnings

October 15, 2015 3:35 PM EDT

Cowen reiterated an Outperform rating on Philip Morris (NYSE: PM), and raised the price target to $97.00 (from $95.00), following the company's 3Q15 earnings results. The recovery seen in the EU was a surprise for management as they took up their volume guidance from down... More

Philip Morris (PM) Tops Q3 EPS by 13c;Updates FY15 Outlook

October 15, 2015 7:00 AM EDT

Philip Morris (NYSE: PM) reported Q3 EPS of $1.24, $0.13 better than the analyst estimate of $1.11. Revenue for the quarter came in at $6.9 billion versus the consensus estimate of $6.76 billion.

Cigarette shipment volume of 218.9 billion units, down by 1.5% excluding acquisitions

Philip Morris sees FY2015 EPS of... More