Philip Morris International Inc
Latest Philip Morris International Inc News and Updates

The Largest Corporation Settlements in United States History

Marlboro Isn't Going Out of Business, Cigarette Company Shifts Gears

Why Altria Group’s 3Q17 Revenues Missed Analysts’ Estimates
The net revenues from Altria Group’s Smokeable Products segment fell 1.5% from ~$4.5 billion to ~$4.4 billion.

Philip Morris Stock Falls on Weak 3Q17 Earnings
Philip Morris International (PM) announced its 3Q17 earnings on October 19. The company posted adjusted EPS (earnings per share) of $1.27 on revenues of $7.47 billion.

Philip Morris’s Low 2014 Volumes in Latin America and Canada Segments
In 2014, Philip Morris’s Latin America and Canada segment reported a 2.3% decline in net revenues. The region had the company’s lowest revenues, at 11%.

Eurozone Retail Activity Dipped In June, HEDJ Down 2.32%
The Eurozone’s Retail PMI (purchasing managers’ index) dipped to 50.4 in June from the 51.4 recorded in May.

Why Did Reynolds American Rise on June 20?
Reynolds American (RAI) has a market cap of $73.4 billion. It rose by 1.6% to close at $51.03 per share on June 20, 2016.

Why Analysts Expect Altria’s Net Margin to Rise in 3Q17
For 3Q17, analysts expect Altria Group (MO) to report a gross margin, EBITDA margin, and net margin of 62.3%, 51.8%, and 31.6%, respectively.

Inside the US Dollar Index’s Mixed Response in 2017
The US dollar (UUP) (UDN) seemed to show mixed response to the Fed’s rate hike on March 15, as prices have reflected a downtrend so far in 2017.

Philip Morris Let Down Investors with 1Q16 Earnings
Philip Morris International (PM) released its 1Q16 earnings on April 19, 2016. The company’s adjusted diluted EPS fell 15.5% to $0.98 compared to $1.15 in 1Q15.

What’s the Latest News from Philip Morris?
Philip Morris International (PM) has a market cap of $136.3 billion. It rose 0.47% to close at $88.18 per share on December 6, 2016.

Philip Morris Plans to Increase Market Share of iQOS
Philip Morris International (PM) has a market cap of $153.4 billion. It rose by 0.14% to close at $99 per share on August 12, 2016.

What Are Analysts Recommending for Altria?
The FDA’s (Food and Drug Administration) recent announcement could have compelled analysts to lower their 12-month target price for Altria Group (MO).

No Sign of Improvement in Philip Morris’s 1Q16 Operational Margin
Gross margin and free cash flow Philip Morris’s (PM) gross margin decreased 0.7 points to 65.5% in 1Q16, compared to 66.3% in 1Q15. Despite the adverse currency impact, Philip Morris is focused on generating strong free cash flow in line with last year’s level. The company’s free cash flow (or FCF) increased by more than […]

Why Did Reynolds American Rise 14% on October 21?
Price movement Reynolds American (RAI) has a market cap of $67.3 billion. It rose 14.0% to close at $53.78 per share on October 21, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 13.8%, 10.3%, and 19.6%, respectively, on the same day. RAI is trading 14.1% above its 20-day moving average, 11.2% […]

Why Altria’s Stock Fell despite Beating 2Q17 Revenue Estimates
Altria Group (MO) announced its 2Q17 earnings on July 27, 2017. The company has posted EPS (earnings per share) of $1.03 on revenues, net of excise taxes, of $5.07 billion.

Tobacco Giants Philip Morris and Altria Could Merge
Behemoth tobacco companies Philip Morris (PM) and Altria (MO) might be getting back together after separating more than a decade ago.

Philip Morris Starts Its New Manufacturing Facility in Italy
Price movement Philip Morris International (PM) has a market cap of $159.0 billion. It fell 0.19% to close at $101.53 per share on September 23, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 2.7%, 1.4%, and 17.9%, respectively, on the same day. PM is trading 1.4% above its 20-day moving average, […]

A Look at Reynolds American’s 3Q16 Performance
Price movement Reynolds American (RAI) has a market cap of $66.3 billion. It fell 2.1% to close at $46.29 per share on October 19, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -1.7%, -2.9%, and 2.9%, respectively, on the same day. RAI is trading 2.2% below its 20-day moving average, 4.5% […]

Cantillon gained a position in AmBev via a stock swap merger deal
Cantillon’s 3.9% position in Ambev SA (ABEV) replaced the hedge fund’s 4.46% position in Companhia Bebidas (ABV) due to a stock swap merger deal in November.

Why Altria’s Valuation Multiple Fell
Due to high visibility in Altria Group’s (MO) earnings, we have opted for a forward PE (price-to-earnings) ratio for our analysis.

When Will Philip Morris Report Its Q3 Earnings?

Why Did Philip Morris’s Net Margins Decline in 3Q17?
For 3Q17, Philip Morris International (PM) posted a gross margin, an EBITDA (earnings before interest, tax, depreciation, and amortization) margin, and a net margin of 63.4%, 44.1%, and 26.4%, respectively.

What’s Expected for Altria’s Earnings
Analysts’ expectations For the next four quarters, analysts expect Altria Group (MO) to post EPS (earnings per share) of $3.51, which represents 11.1% growth from the $3.16 seen in the last four quarters. Earnings growth Altria’s EPS growth is expected to be driven by revenue growth, net margin expansion, and share repurchases. For the next four […]

Why Philip Morris’s 1Q16 Market Share Declined in Asia
Net revenue for Philip Morris’s (PM) Asia region decreased 8.7% to ~$2 billion in 1Q16. This compares to $2.2 billion in 1Q15.

How Analysts View Philip Morris’s Revenues in 3Q17
For the next four quarters, analysts expect Philip Morris International (PM) to post net revenues of ~$30.7 billion.

What Drove Philip Morris’s Revenue in Q3 2018?
In the third quarter, Philip Morris International (PM) posted revenue of $7.50 billion, outperforming analysts’ expectation of $7.17 billion.

What Drove Philip Morris’s Revenue in the Fourth Quarter?
In the fourth quarter, Philip Morris International (PM) posted revenue of $7.50 billion, outperforming analysts’ expectation of $7.39 billion.
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Philip Morris Stock Rose 3 Percent Due to Earnings Surprise
Philip Morris stock has risen as much as 3.2% in the pre-market session today as of 8:55 AM ET. The company posted its second-quarter results.

Will Altria’s Q2 Earnings Be a Boom or Bust?
Analysts expect Altria to report revenues of $5.08 billion in the second quarter of 2020—a fall of 2.2% from $5.19 billion in the second quarter of 2019.

Why Philip Morris Looks Attractive at These Levels
So far this year, Philip Morris (NYSE:PM) has lost 17.0% of its stock value. The stock has underperformed the broader equity markets.

Philip Morris Stock Rises after FDA Approves IQOS
On Tuesday, the FDA authorized Philip Morris’s IQOS, an electrically heated tobacco unit, to be marketed as a modified risk tobacco product.

Barclays Downgrades Altria, Worries about Declining Market Share
Today, Gaurav Jain of Barclays downgraded Altria Group (NYSE:MO) from “overweight” to “equal weight.” He also lowered his target price from $50 to $43.

What to Expect from Philip Morris in Q2
This year, Philip Morris stock has been subdued, losing 13.6% of its value. The company is set to report its second-quarter earnings on July 21.

How Do Philip Morris and Altria Compare in 2020?
So far this year, Philip Morris International (NYSE:PM) and Altria Group (NYSE:MO) have underperformed the broader equity markets.

Is It Time for Investors to Buy Philip Morris?
Despite the impressive first-quarter performance, Philip Morris’s stock price has declined. As of May 7, the company was trading at $70.14.

What Can Investors Expect from Altria’s Q1 Results?
Currently, 14 analysts cover Altria stock. Many analysts have a bullish view on the stock due to its higher dividend yield and lower valuation.

Philip Morris Beats Top and Bottom-Line Estimates in Q1
Philip Morris reported its earnings results for the first quarter of 2020. The company reported an adjusted EPS of $1.21 on revenues of $7.15 billion.

What to Expect from Philip Morris’s Q1 Earnings
As of April 13, Philip Morris (NYSE:PM) was trading at 73.95—a fall of 11.3% since the announcement of its fourth-quarter earnings on February 6.

2 High-Yielding Dividend Tobacco Stocks during Downturn
Investors should find safety in high-yielding dividend stocks amid the downturn. Altria and Philip Morris both deliver stable earnings and constant dividends.

Morgan Stanley Upgrades Altria Group to ‘Overweight’
On March 16, Morgan Stanley upgraded Altria Group (NYSE:MO) from “equal weight” to “overweight” with a target price of $49.

Are Philip Morris’s Numbers Attractive in 2020?
As of March 10, Philip Morris (PM) was trading at $84.73—a fall of 0.4% since the beginning of this year. PM has outperformed the broader equity market and its peers.

Should You Consider Buying Altria Group?
As of March 6, Altria Group (NYSE:MO) was trading at $42.15—a fall of 15.9% since the company reported its earnings for the fourth quarter of 2020 on January 30.

Philip Morris Beats Analysts’ Top and Bottom-Line Estimates
Today, Philip Morris reported its fourth-quarter earnings. For the quarter, the company posted an adjusted EPS of $1.22 on revenues of $7.71 billion.

What to Expect from Philip Morris in Q4
Philip Morris will report its Q4 earnings before the market opens on Thursday. Analysts expect the company’s revenue to rise and its adjusted EPS to fall.

Altria Meets Earnings Estimates, Misses on Revenue
Today, Altria Group reported its fourth-quarter earnings, which ended on December 31. For the quarter, the company reported revenue of $6.0 billion.

Altria Stock: Inexpensive Valuation, High Dividend Yield
Altria (MO) stock has recovered recently and risen by about 8% in a month. However, the stock has underperformed peers and broader markets this year.

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Why Citigroup Prefers Altria over Philip Morris
Citigroup has upgraded Altria and downgraded Philip Morris. It expects lower cigarette volume declines and has a favorable outlook on traditional tobacco.

Renaissance Technologies: Analyzing Its Q3 13F
At the end of the third quarter, Bristol-Myers Squibb, Celgene, Biogen, UnitedHealth, and Walmart (WMT) were Renaissance Technologies’ top five buys.

Altria Gives Juul Labs Update, Stock Gets Beating
When Altria posted its earnings yesterday, things looked positive. However, after news about Juul Labs, MO stock lost momentum and closed 2.6% lower.

Why Altria Could Jump on Its Q3 Earnings Beat
Altria (MO) posted better-than-expected third-quarter earnings results today. As expected, lower cigarette shipment volumes remained a drag.
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Altria in Q3: What Analysts Expect from Its Earnings
Altria (MO) is scheduled to report its third-quarter earnings results on October 31. Analysts expect its earnings to continue to improve year-over-year.

Will Altria Erase Its Losses and Turn Positive?
On October 18, Citigroup upgraded Altria stock to “neutral” from “sell.” It expects the negative news surrounding vaping to boost cigarette volumes.

Altria Stock: Key Indicators and Risks
Altria (MO) stock has lagged the broader market in 2019. On August 17, the CDC noted that it is investigating lung diseases linked to e-cigarette use.

Why These Dividend-Paying Consumer Stocks Look Attractive
As the broader markets take a hit, dividend-paying consumer stocks seem like a safe bet due to the sector’s defensive nature.

Could Altria’s Q2 Results Boost Its Stock Price?
Altria Group (MO) is set to report its second-quarter earnings before the market opens on July 30. In the quarter, analysts expect the company’s revenue and EPS to rise.

Philip Morris Rises Over 8% After Its Impressive Q2 Results
Philip Morris International (PM) reported its second-quarter earnings results on Thursday. The company reported adjusted EPS of $1.46.

Why Analysts Expect Philip Morris’s Revenue and EPS to Fall in Q2
Philip Morris is scheduled to announce its second-quarter earnings results before the market opens on July 18. Analysts expect its revenue and EPS to fall.

Altria Rises After Goldman Sachs Calls It a ‘Buy’
On Friday, Goldman Sachs upgraded Altria Group (MO) from a “neutral” to a “buy” while keeping its price target unchanged at $59.

Why Tobacco Stocks Fell on May 28
On May 28, Altria Group (MO) fell 4.8%, while British American Tobacco (BTI) fell 4.1%.

How Does Philip Morris’s Valuation Multiple Compare with Peers?
Today, Philip Morris International (PM) was trading ~0.8% higher at 11:05 AM EST.

Altria Fell ~6% after Posting Disappointing Q1 Earnings
Altria failed to meet analysts’ revenue and EPS expectations for the first quarter.

Philip Morris Stock Fell despite Strong Q1 Results
Despite strong first-quarter results, Philip Morris was trading in the red early on April 18.

Can IQOS Sales Drive Philip Morris’s Revenue in Q1 2019?
Analysts expect Philip Morris International (PM) to post revenue of $6.74 billion in the first quarter.

Consumer Staples Stocks: Stragglers in Q1
Despite 10.5% growth in the first quarter, the Consumer Staples Select Sector SPDR ETF (XLP) lagged the benchmark index, which rose 13.1%.

Why Did Altria Stock Fall ~4.8% on April 3?
The FDA’s announcement caused Altria’s stock price to fall. On April 3, the stock price fell to a low of $53.43 before closing the day at $53.98.

Why Tobacco Stocks Registered Impressive Gains in Q1
Sin stocks marked healthy growth in the first quarter. Molson Coors and Brown-Forman stocks rose 6.2% and 10.9%, respectively.

These Consumer Staples Stocks Marked Stellar Gains in Q1
The Consumer Staples Select Sector SPDR ETF (XLP) rose 10.5% in the first quarter of 2019.

Altria Completed Its Investment in Cronos Group
On March 8, Altria (MO) announced that it completed its previously announced investment of ~$1.8 billion in Cronos Group.

Philip Morris: Valuation Multiple versus Peers
The strengthening broader equity market and strong fourth-quarter earnings have increased Philip Morris’s (PM) stock price, which has led to an increase in its valuation multiple.

Philip Morris Stock Up ~30% this Year: More Upside?
After losing 36.8% of its stock value in 2018, Philip Morris International (PM) began 2019 on a strong note.

Altria’s Stock Price Rose More than 2% on February 22
According to a Bloomberg report on February 22, JUUL Lab’s management expects its revenues to rise to $3.4 billion in 2019.

Soros Fund Management’s Top Buys in the Fourth Quarter
George Soros added 2.026 million shares of the SPDR Select Sector Fund (XLF) to its portfolio during the fourth quarter, giving it a weight of 1.5% in the portfolio.

Why Pyxus International Stock Rose Over 33% after Its Q3 Results
Pyxus International (PYX) posted its fiscal 2019 third-quarter earnings results after the market closed on February 11.

Strong Fourth-Quarter Earnings Drove Philip Morris Stock
In the fourth quarter, Philip Morris outperformed analysts’ EPS estimate of $1.16 and revenue estimate of $7.39 billion.

What Drove Altria’s Revenue in the Fourth Quarter?
The segment has posted revenue of $4.1 billion, which represents a rise of 1.9% from $3.94 billion in the fourth quarter of 2017.

Will Altria Outperform Analysts’ EPS Expectations in Q4 2018?
For the fourth quarter, analysts are expecting Altria Group (MO) to post adjusted EPS of $0.95, which represents a rise of 4.4% from $0.91 in the corresponding quarters of 2017.

Can Altria’s Q4 2018 Earnings Boost Its Stock Price?
Altria Group (MO) is scheduled to post its fourth-quarter earnings before the market opens on January 31.

Altria Stock Fell More than 6% after Morgan Stanley’s Downgrade
On January 22, Morgan Stanley downgraded Altria from “equal weight” to “underweight.” Morgan Stanley lowered the target price from $54 to $45.

Altria Stock Falls on Cowen’s Downgrade
Today, Cowen and Company downgraded Altria Group (MO) from “outperform” to “market perform” due to the accelerating decline in Altia’s cigarette sales.

Altria Group: Analysts’ Recommendations
Among the 17 analysts that cover Altria Group (MO), 51.9% recommended a “buy” rating as of December 27.

Altria Acquires 35% Stake in Juul Labs
Today, Altria Group (MO) announced a $12.8 billion investment in Juul Labs for a stake of 35% in the e-cigarette company.

Altria Is Set to Invest $1.8 Billion in Cronos Group
Altria Group is all set to leverage growth opportunities in the cannabis space with its decision to buy a stake in Cronos Group.

Can We Expect an Upside Potential in Altria Stock?
As of September 17, Altria Group (MO) stock was trading at $62.44, which represents a 7.9% rise since July 26.

Philip Morris Stock Fell on Jefferies Downgrade
Since the beginning of 2018, Philip Morris stock has fallen 24.6% due to an increase in tobacco regulations, a decline in cigarette shipment volumes, and rising competition.

Why Philip Morris’s Q2 2018 Earnings Failed to Impress
Philip Morris International (PM) reported its Q2 earnings on July 19, posting adjusted EPS of $1.41 on revenues of $7.73 billion.

Could Philip Morris’s Q2 2018 Earnings Boost Its Stock Price?
Philip Morris (PM) plans to release its Q2 earnings on July 19. On July 11, PM stock traded at $82.84, down 18.3% from its Q1 earnings.

Consumer Staples Stocks: Separating the Wheat from the Chaff
The Consumer Staples Select Sector SPDR ETF (XLP) fell 9.4% in the first six months of 2018.

Philip Morris Stock Rose after Higher Quarterly Dividends
On June 8, Philip Morris International (PM) announced quarterly dividends of $1.14—a rise of 6.5% from its previous quarterly dividends of $1.07.

What’s the Dividend Yield of the Consumer Non-Cyclical Sector?
The consumer non-cyclical segment recorded a dividend yield of 3%.

What to Expect forPhilip Morris’s and Altria’s Revenue
Analysts expect Philip Morris International (PM) to post revenue of $31.3 billion in the next four quarters, representing 5.7% YoY (year-over-year) growth from $29.6 billion.

Altria’s Stock Price Falls on Weak Cigarette Shipment Volume
Altria Group (MO) posted its 1Q18 earnings before the market opened yesterday. What went wrong?

Why Philip Morris’s Net Margin Narrowed in 1Q18
Philip Morris International (PM) had gross, EBIT (earnings before interest, and tax), and net margins of 61.8%, 35.2%, and 22.6%, respectively, in 1Q18, compared with 64.1%, 39.5%, and 26.2%, in 1Q17.

What Analysts Recommend for Philip Morris
As of April 10, 2018, Philip Morris International (PM) was trading at $101.1.

What Are Altria’s and Philip Morris’s Dividend Policies?
On March 1, 2018, Altria announced dividends of $0.70 per share to be paid on April 10, 2018, to shareholders of record as of March 15, 2018.

Analysts’ 2018 Revenue Expectations for Philip Morris and Altria
Analysts are expecting Philip Morris International (PM) to post revenue of $31.9 billion in 2018, which represents a rise of 11%.

How Did Altria and Philip Morris Perform in 4Q17?
In this series, we’ll analyze the 4Q17 performances of Philip Morris and Altria, including revenues, margins, and EPS.