Philip Morris International Inc. (PM) - NYSE
  • Tue, Jul. 19, 7:18 AM
    • Philip Morris (NYSE:PM) reports revenue rose 1.4% if the impact of the currency swings is backed out in Q2.
    • European Union revenue grew 4.6% to $2.16B.
    • Eastern Europe, Middle East & Africa revenue declined 9.9% to $1.66B.
    • Asia revenue slipped 0.6% to $2.13B.
    • Latin America & Canada revenue decreased 13.6% to $697M.
    • Cigarette shipment volume dropped 4.8% to 209.29B units.
    • The brands with the highest cigarette shipment volume growth for the quarter were Chesterfield +9.3% and Parliament +3.4%.
    • Gross margin rate squeezed 140 bps to 22.5%.
    • Adjusted operating margin -70 bps to 42.7%.
    • FY2016 Guidance: Adjusted EPS: $4.45 to $4.55 (~+10% to +12%).
    • PM -0.97% premarket.
    | Tue, Jul. 19, 7:18 AM | 4 Comments
  • Fri, Jun. 24, 1:22 PM
    • U.S. tobacco stocks are higher, bucking today's broad downturn, as investors view the group as a relatively safe haven in a risk-off environment.
    • Shares of Altria (MO +2.2%), the no. 1 U.S. cigarette maker, hit a 52-week high of $67.98 earlier and continue to sport solid gains, and Reynolds American (RAI +1.8%) remains strong after touching a more than three-month high of $51.84.
    • "With Brexit potentially delaying a rate hike in the U.S., this move likely favors our higher-yielding names, and in particular U.S. tobacco (RAI and MO)," according to analysts at Cowen.
    • However, Philip Morris International (PM -3%), which generated more than a third of its revenue from the European Union last year, is sharply lower.
    | Fri, Jun. 24, 1:22 PM | 17 Comments
  • Tue, Apr. 19, 6:08 AM
    • Philip Morris (NYSE:PM) reports revenue rose 2.4% if the impact of the currency swings is backed out in Q1.
    • European Union revenue down 4.5% to $1.86B.
    • Eastern Europe, Middle East & Africa revenue decreased 10.2% to $1.6B.
    • Asia revenue squeezed 8.7% to $1.97B.
    • Latin America & Canada revenue dropped 10.5% to $650M.
    • Cigarette volume excluding acquisitions fell 1.4% to 196.04B units.
    • Gross margin rate declined 160 bps to 23.7%.
    • Adjusted operating margin 280 bps to 41.9%.
    • FY2016 Guidance: Adjusted EPS: $4.40 to $4.50 (~+10% to +12%).
    | Tue, Apr. 19, 6:08 AM | 11 Comments
  • Mon, Jan. 25, 12:00 PM
    • Tobacco stocks and soft drinks names are mild outperformers on the day.
    • Despite soft consumer spending trends, some retail analysts think 2016 sales for beer, cigarettes, and soft drinks will pick up in the U.S. as gas prices remain at low levels.
    • Gainers today on a down market day include Dr. Pepper Snapple (DPS +1%), PepsiCo (PEP +0.7%), Coca-Cola (KO +0.7%), Coca-Cola Bottling Company (COKE +2.6%), Coca-Cola Enterprises (CCE +1.1%), Reynolds American (RAI +1.7%), Altrai (MO +1%), Philip Morris (PM +0.5%), and Anheuser-Busch InBev (BUD +0.7%).
    • Speculation that anti-soda and cigarette advocate Michael Bloomberg might run for president doesn't appear to be creating even a ripple of worry.
    • Previously: Michael Bloomberg is seriously considering running for president (Jan. 23 2016)
    | Mon, Jan. 25, 12:00 PM | 30 Comments
  • Oct. 15, 2015, 7:31 AM
    • Philip Morris (NYSE:PM) reports revenue rose 5.9% if the impact of the currency swings is backed out.
    • Cigarette volume down 1.5% to 218.911B for the quarter.
    • European Union revenue dropped 13.4% to $2.04B.
    • Eastern Europe, Middle East & Africa revenue slipped 13.8% to $2.1B.
    • Asia revenue fell 11.1% to $1.98B.
    • Latin America & Canada revenue -3.5% to $804M.
    • Adjusted operating margin declined 10 bps to 43.8%.
    • FY2015 Guidance: Diluted EPS: $4.35 to $4.40; Adjusted EPS: +11% to +12%.
    | Oct. 15, 2015, 7:31 AM
  • Jul. 16, 2015, 7:08 AM
    • Philip Morris (NYSE:PM): Q2 EPS of $1.21 beats by $0.08.
    • Revenue of $6.86B (-12.1% Y/Y) beats by $130M.
    • Shares +1.7% PM.
    | Jul. 16, 2015, 7:08 AM | 19 Comments
  • Apr. 16, 2015, 12:40 PM
    • Philip Morris ((NYSE:PM) +7.7%) rallies after smashing earnings and raising guidance above estimates and its prior view.
    • The tobacco company also surprised on the volume side with gains in its Europe Union and Eastern Europe/Middle East/Africa regions.
    • Despite some F/X hits, Philip Morris was able to exert some pricing pressure during the quarter to help boost results, note analysts.
    • Shares of Philip Morris are at their highest level since mid-January.
    • Previously: Philip Morris beats by $0.15, beats on revenue
    • Previously: More on Philip Morris' Q1
    | Apr. 16, 2015, 12:40 PM | 5 Comments
  • Apr. 16, 2015, 9:12 AM
    | Apr. 16, 2015, 9:12 AM | 2 Comments
  • Apr. 16, 2015, 7:36 AM
    • Philip Morris (NYSE:PM) reports cigarette volume rose 1.4% to 198.8B in Q1.
    • European Union revenue fell 6.0% to $1.89B.
    • Eastern Europe, Middle East & Africa revenue down 8.3% to $1.84B.
    • Asia revenue -1.2% to $2.16B.
    • Latin America & Canada revenue grew 1.8% to $726M.
    • Adjusted operating margin +70 bps to 44.7%.
      FY2015 Guidance: Diluted EPS: $4.32 to $4.42
    • PM +2.39% premarket.
    | Apr. 16, 2015, 7:36 AM | 5 Comments
  • Oct. 10, 2014, 10:47 AM
    • Consumer staples stocks are in favor again with investors taking a defensive posture.
    • PepsiCo (PEP +1.6%), Mondelez International (MDLZ +0.6%), Procter & Gamble (PG +1.5%), and Philip Morris (PM +1.4%) are notable out-performers.
    • The Consumer Staples Select ETF (NYSEARCA:XLP) is up 1.02% on the day.
    | Oct. 10, 2014, 10:47 AM | 7 Comments
  • Aug. 6, 2014, 10:00 AM
    • Tobacco stocks are higher today in what analysts are calling a defensive move by investors.
    • There's also been some stronger pricing trends on the lower-end of the cigarette market that has helped to boost the outlook on the group.
    • Gainers: Philip Morris (PM +2.2%), Reynolds American (RAI +1.6%), Vector Group (VGR +1.4%), and Altrai (MO +1.9%).
    | Aug. 6, 2014, 10:00 AM | 2 Comments
  • Jul. 15, 2014, 10:53 AM
    • Tobacco stocks slump as a group after Lorillard doesn't catch the premium in the Reynolds American buyout that some anticipated.
    • Even Imperial Tobacco which ended up with the hot Blu e-cigarette brand as part of the deal is having trouble shaking off the pessimism.
    • Decliners: Lorillard (NYSE:LO) -7.9%, Philip Morris (NYSE:PM) -1.3%, Altria (NYSE:MO) -2.1%, Vector Group (NYSE:VGR) -0.8%, Reynolds American (NYSE:RAI) -4.0%, Imperial Tobacco (OTCMKTS:ITYBY) -2.8%, British American Tobacco (NYSEMKT:BTI) -1.4%.
    | Jul. 15, 2014, 10:53 AM | 19 Comments
  • Nov. 21, 2013, 1:32 PM
    • Philip Morris International (PM -4.6%) slides after Goldman Sachs takes shares down to a Neutral rating from Conviction List-Buy
    • Lower tobacco volumes and higher investment outlays will be a tough mix for the company to overcome in 2014, warns the investment firm.
    | Nov. 21, 2013, 1:32 PM | 13 Comments
  • Oct. 18, 2012, 10:57 AM

    Tobacco stocks slump after the Q3 report from Philip Morris (PM -2.9%) comes in sluggish. Despite higher prices, the industry is having trouble keeping demand up as governments start to enact stricter packaging and marketing rules across the globe. Decliners: British American (BTI -0.7%) -0.7%, Lorillard (LO -0.3%) -0.5%, Reynolds American (RAI -0.6%) -0.7%, Altria (MO -1%) -1.1%.

    | Oct. 18, 2012, 10:57 AM
  • Jul. 19, 2012, 8:57 AM

    More on Philip Morris International (PM): Strong demand in Asia only partially offset overall lower cigarette volume and foreign exchange losses. Europe saw the sharpest drop in volume, with a 9.4% decline. The company reiterates its full-year EPS forecast of $5.10 to $5.20. Shares +1.1% premarket. (PR)

    | Jul. 19, 2012, 8:57 AM | 2 Comments
  • Feb. 9, 2012, 2:59 PM

    Philip Morris (PM +2.7%) is up today after beating Q4 estimates on both EPS and revenue. Net profit climbed 7.6% Y/Y as the tobacco company notched strong volume growth in Asia. In its conference call, CEO Louis Camilleri says pricing will be a tailwind for the cigarette maker this year, and it's already initiated price hikes in several key markets, including Germany, Indonesia and Russia. (conference call webcast here)

    | Feb. 9, 2012, 2:59 PM | 2 Comments
Company Description
Philip Morris International, Inc. is a holding company, which is engaged in the manufacturing and sale of cigarettes and other tobacco products in markets outside the U.S. Its local cigarette brands include Sampoerna, Dji Sam Soe and U Mild in Indonesia; Fortune, Champion and Hope in the... More
Industry: Cigarettes
Country: United States