Philip Morris International Inc. (PMI) Reports 2018 Second-Quarter Results
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Philip Morris (PM) PT Lowered to $85 at Berenberg Following 2Q Earnings Report
July 23, 2018 7:07 AM EDTBerenberg lowered its price target on Philip Morris (NYSE: PM) to $85.00 (from $100.00) while maintaining a Hold rating following the company's 2Q earnings report. Adjusted EPS rose by 24% to $1.41 (consensus: $1.23). The main drivers to the earnings growth were volumes (+1%), price/mix (+7%), operational leverage (+1%), currency (+3%),... More
Philip Morris International (PM) Q2: 'This Isn't Good' - Deutsche Bank
July 19, 2018 8:44 AM EDTDeutsche Bank analyst Gerry Gallagher offered his first take on Philip Morris International's (NYSE: PM) Q2 results, saying "this isn't good."
"MI very clearly reset IQOS shipment volume expectations at Q1 (19 April) to 55-60bn following prior market estimates we... More
Philip Morris (PM) Tops Q2 EPS by 18c, Reports FY Guidance
July 19, 2018 7:02 AM EDTPhilip Morris (NYSE: PM) reported Q2 EPS of $1.41, $0.18 better than the analyst estimate of $1.23. Revenue for the quarter came in at $7.7 billion versus the consensus estimate of $7.53 billion.
GUIDANCE:
Philip Morris sees FY2018 EPS of $5.02-$5.12, versus the consensus of... More
