Philip Morris International (PM) to Release Earnings on Thursday

Philip Morris International (NYSE:PM) is set to release its earnings data before the market opens on Thursday, April 18th. Analysts expect Philip Morris International to post earnings of $1.01 per share for the quarter. Philip Morris International has set its FY19 guidance at at least $5.37 EPS and its FY 2019 guidance at $5.37 EPS.

Philip Morris International (NYSE:PM) last announced its earnings results on Thursday, February 7th. The company reported $1.25 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.09. Philip Morris International had a negative return on equity of 76.82% and a net margin of 9.90%. The company had revenue of $7.50 billion during the quarter, compared to analysts’ expectations of $7.46 billion. During the same period last year, the business posted $1.32 EPS. Philip Morris International’s revenue for the quarter was down 9.6% on a year-over-year basis. On average, analysts expect Philip Morris International to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Shares of Philip Morris International stock opened at $86.19 on Tuesday. Philip Morris International has a 12 month low of $64.67 and a 12 month high of $103.55. The stock has a market cap of $133.04 billion, a P/E ratio of 16.90, a PEG ratio of 1.89 and a beta of 0.95.

The company also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Investors of record on Tuesday, March 26th were issued a dividend of $1.14 per share. This represents a $4.56 dividend on an annualized basis and a yield of 5.29%. The ex-dividend date of this dividend was Monday, March 25th. Philip Morris International’s dividend payout ratio (DPR) is 89.41%.

A number of brokerages recently commented on PM. ValuEngine cut Philip Morris International from a “hold” rating to a “sell” rating in a report on Tuesday, April 9th. Zacks Investment Research cut Philip Morris International from a “buy” rating to a “hold” rating in a report on Friday, March 29th. Morgan Stanley raised their target price on Philip Morris International from $88.00 to $94.00 and gave the company an “overweight” rating in a report on Monday. Bank of America restated a “sell” rating and set a $74.00 target price on shares of Philip Morris International in a report on Tuesday, March 26th. Finally, Citigroup raised their target price on Philip Morris International from $90.00 to $102.00 and gave the company a “buy” rating in a report on Monday, March 25th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $92.43.

In other news, CEO Andre Calantzopoulos sold 50,000 shares of Philip Morris International stock in a transaction dated Thursday, February 21st. The stock was sold at an average price of $84.76, for a total value of $4,238,000.00. Following the completion of the transaction, the chief executive officer now owns 844,901 shares in the company, valued at approximately $71,613,808.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.21% of the company’s stock.

TRADEMARK VIOLATION WARNING: This report was originally published by Stock Observer and is owned by of Stock Observer. If you are viewing this report on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The original version of this report can be accessed at

About Philip Morris International

Philip Morris International Inc, through its subsidiaries, manufactures and sells cigarettes, other nicotine-containing products, and smoke-free products and related electronic devices and accessories. The company offers IQOS smoke-free products, including heated tobacco and nicotine-containing vapor products under the HEETS, HEETS Marlboro, and HEETS FROM MARLBORO brands, as well as the Marlboro HeatSticks and Parliament HeatSticks brands.

Further Reading: How Does the Quiet Period Work?

Earnings History for Philip Morris International (NYSE:PM)

Receive News & Ratings for Philip Morris International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Philip Morris International and related companies with's FREE daily email newsletter.