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-0.00051711655807216 -0.000982521460337148 0 0.000827386492915633 0 -0.000620539869686504 -0.000827386492915486 0.000103423311614491
Stock impact report

Philip Morris Beats Estimates in Q1 Earnings: ETFs in Focus [Yahoo! Finance]

Philip Morris International Inc (PM) 
Last philip morris international inc earnings: 4/21 06:59 am Check Earnings Report
US:NYSE Investor Relations: pmi.com/investor-relations/overview
Company Research Source: Yahoo! Finance
The company continued to benefit from strong pricing, along with a favorable shift in product mix and volume, primarily driven by increased HTU and ZYN volumes. Q1 Performance in Detail The tobacco company reported adjusted earnings per share (EPS) of $1.50, which jumped 8.7% from the year-ago quarter. Markedly, the bottom line beat the Zacks Consensus Estimate of $1.41 by 6.38%. Excluding currency movements, adjusted EPS for the quarter increased 23.2% year over year to $1.70. Net revenues of $8.79 billion saw an increase of 11% on an organic basis from the same quarter last year. The Zacks Consensus Estimate for the top line was pegged at $8.44 billion, reflecting a positive surprise of 4.14%. Operating income for the quarter reached $3.05 billion, marking an increase of 23.5% from the year-ago quarter on an organic basis. Total cigarette and HTU shipment volumes increased by 3.1% to 176.3 billion units in the quarter, driven by a 20.9% increase in HTU shipments across all r Show less Read more
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