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0.000819672131147523 0.000819672131147523 0.000819672131147523 -0.00204918032786888 -0.00491803278688529 0 0.000512295081967184 0.000512295081967184
Stock impact report

Why Philip Morris International Stock Was Climbing Today [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 stock closed up 3.8% on the news. IQOS is heating up Philip Morris' stock Philip Morris continued to make progress toward smoke-free products making a majority of its revenue as they represented 39% of revenue in the first quarter. IQOS, its heated tobacco stick product leading its transition to its smoke-free future, reported better than 10% market share in Europe for the first time, and IQOS's market share gained more than 3 percentage points of share in Japan to reach 29%. The company reported 20.9% in heated tobacco unit shipment volume to 33.1 billion, while cigarettes were down just 0.4% to 143.2 billion. Total shipment volume, including oral products, was up 3.6% to 180.5 billion, a bullish sign for future growth. Overall revenue jumped 9.7% to $8.8 billion, with organic revenue, which excludes divestitures, acquisitions, and currency exchange, up 11%. That result beat analyst estimates at $8.47 billion. Further down the income statement, gross margin improved th Show less Read more
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