Marlboro maker Philip Morris tops Q1 profit and revenue estimates, but withdraws full-year guidance [MarketWatch]
Philip Morris International Inc (PM)
Last philip morris international inc earnings: 4/21 06:59 am
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Source: MarketWatch
Philip Morris International Inc. said Tuesday it had net income of $1.821 billion, or $1.17 a share, in the first quarter, up from $1.350 billion, or 87 cents a share, in the year-earlier period. Adjusted per-share earnings came to $1.21, ahead of the $1.13 FactSet consensus. Revenue rose 6% to $7.153 billion from $6.751 billion, also ahead of the FactSet consensus of $6.844 billion. The company is withdrawing the guidance for 2020 provided in February because of the uncertainty caused by the coronavirus pandemic, but said it expects second-quarter EPS of $1.00 to $1.10. Cigarette and heated tobacco unit shipment volume fell by 1.2% in the quarter. "We started the year with a very strong first quarter, reflecting continued structural growth momentum driven by our smoke-free portfolio and favorable combustible tobacco pricing," Chief Executive Andre Calantzopoulos said in a statement. "We experienced a limited impact on our performance from the early stages of the COVID-19 pandemic, as
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News
- Philip Morris reaffirms 2026 profit outlook of up to 13% growth [Yahoo! Finance]Yahoo! Finance
- Philip Morris International Inc. (PM) Presents at Consumer Analyst Group of New York Conference 2026 Transcript [Seeking Alpha]Seeking Alpha
- Philip Morris International Presents at 2026 CAGNY Conference; Reaffirms 2026 Full-Year ForecastBusiness Wire
- Philip Morris International to Present at 2026 CAGNY Conference [Yahoo! Finance]Yahoo! Finance
- Philip Morris International to Present at 2026 CAGNY ConferenceBusiness Wire
PM
Earnings
- 2/6/26 - Beat
PM
Sec Filings
- 2/20/26 - Form 4
- 2/20/26 - Form 4
- 2/20/26 - Form 4
- PM's page on the SEC website