|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||108.00 - 109.52|
|52 Week Range||86.78 - 123.55|
|PE Ratio (TTM)||24.27|
|Earnings Date||Feb 2, 2017 - Feb 6, 2017|
|Forward Dividend & Yield||4.28 (3.96%)|
|1y Target Est||125.25|
Philip Morris International Inc. (NYSE:PM) reported earnings yesterday and Wall Street hated it. The stock fell 4%, and what made matters worse is that yesterday we also had a market-wide tizzy that exaggerated the negative reaction in PM stock.Source: Taber Andrew Bain Via Flickr
The latest Philip Morris earnings were very disappointing, again. But in Asia, the company is transitioning away from cigarettes and toward next-gen nicotine products, as these figures show.
As of October 18, 2017, Altria was trading at a forward PE multiple of 18.5x, compared with 20.9x before the announcement of its 2Q17 earnings.
NEW YORK, NY / ACCESSWIRE / October 20, 2017 / The Dow Jones and S&P 500 rallied late to close in the green Thursday, which was the 30th anniversary of the 1987 Black Monday stock market crash. The Dow ...
Uruguay’s President Tabare Vazquez is taking his crusade against cigarettes to alcohol, while doubling down on tobacco regulation after a court threw out a dispute with Philip Morris.
Philip Morris (PM) continues to witness dismal earnings in the third quarter of 2017. Results were mainly hurt by weakness in the combustible category.
Earnings per share and revenue for the third quarter of 2016 were $1.25 and $6.98 billion, respectively. This was bad news for PM stock as Wall Street was looking for earnings per share of $1.38 on revenue of $7.72 billion for the quarter. During the third quarter of the year, Philip Morris International Inc. saw its cigarette and heated tobacco unit shipment volume decrease by 0.5%.
Shares of Philip Morris dive after the company missed earnings expectations and reduced full-year guidance.
Shares of Philip Morris International (PM) are tumbling this morning after the tobacco purveyor missed earnings and sales forecasts, and lowered its full-year guidance. Philip Morris, popular with investors ...
The Dow looks set to drop around 100 points as U.S. markets look to follow international stocks lower this morning. S&P 500 futures have fallen 0.5% , while Dow Jones Industrial Average futures have declined ...
Philip Morris Inc. shares fell 4% in premarket trade Thursday, after the cigarette distributor missed profit and revenue estimates for the third quarter. The company said it had net income of $1.97 billion, ...
Philip Morris International Inc. (PM) on Thursday reported third-quarter net income of $1.97 billion. The New York-based company said it had net income of $1.27 per share. The results fell short of Wall ...
Philip Morris International (PM) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.
Harley-Davidson (HOG) will announce its fiscal 3Q17 results on October 17, 2017. Analysts expect the company’s earnings to fall 37.5% to $0.39 per share.
Asia will be the battlefield for smoke-free nicotine devices, which don't sound catchy but are catching on fast in in the Asian markets where they're available.
Philip Morris International (PM) is scheduled to report earnings on Thursday before trading begins, and what it says could ago a long way towards determining if it can make back the 4.2% drop it suffered during the past three months--or add to it instead. Philip Morris, the international business to Altria Group's (MO) U.S.-focused operations, is in the midst of trying to shift smokers to its iQos products, and its ability to do so will go a long way to determining whether it continues to be the dividend-paying cash cow investors know and love for the very long-term. In the short-term, Cowen's Vivien Azer and Aaron Grey will be "looking to see how the marketplace has evolved for iQos in Japan following the expansion of competitor products" when Phillip Morris reports. They explain: With the potential for meaningful profit accretion over time (beginning in 2018), iQos will again be a key focus.
Declining cigarette sales volumes expected to hurt Philip Morris' (PM) third-quarter results. However, the company expects significant growth in its heated tobacco products.