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0.00261765207989518 0.00153644795993844 -0.00250384111989983 -0.00233312467990666 0.0316109941387354 0.0463210607181471 0.0511011210379559 0.0568485745177259
Stock impact report

Philip Morris lifts profit outlook on smoke-free growth but underwhelms in Q4 [Seeking Alpha]

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: Seeking Alpha
Driven by strength in its smokeless segment, which now accounts for nearly half of its total sales, Philip Morris ( PM Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters Sign Up Quick Insights The smoke-free segment, now nearly half of total sales, is driving significant volume and profit growth for Philip Morris, achieving strong double-digit growth in Q4 and boosting overall results. Upgrades are driven by strength in the smoke-free business, record market share for Marlboro, gross profit growth in both segments, and solid volume and revenue performance. The company targets 6%-8% annual net revenue growth, 8%-10% growth in operating income, and 9%-11% growth in adjusted EPS over the next three years. Recommended For You More Trending News Show less Read more
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