Philip Morris' (PM) Q2 results are likely to reflect gains from smoke-free products like IQOS and ZYN, along with efficient pricing amid elevated costs.
Philip Morris International Inc. (NYSE:PM) stock was last seen up 1.5% to trade at $107.66, ahead of the tobacco giant's second-quarter earnings report, due out before the open on Tuesday, July 26.
Philip Morris' (PM) announcement of a $600 million investment to establish a manufacturing facility in Aurora, CO, presents several strategic advantages and promising growth opportunities.
The nicotine pouches have spiked in popularity among young adults and teens.
Philip Morris (PM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Health campaigners have written to U.S. regulators accusing Philip Morris International of misrepresenting past regulatory decisions, seeking to disrupt the launch of its flagship heated tobacco device IQOS in the United States.
Tobacco companies face negative stigma despite strong financial performance. Philip Morris has outperformed the S&P 500, and offers high dividend yield, and potential for capital appreciation. In a lower-rate environment, PM's dividend growth and transformation to smokeless products make it a compelling investment opportunity.
Robust pricing, strength in smoke-free products and solid cost initiatives work well for Philip Morris (PM) amid elevated costs and volatile currency movements.
Dividends have accounted for the majority of U.S. stock market returns for the last 124 years. Philip Morris and Verizon are two of the most popular dividend stocks in the market today.
Philip Morris International offers a 5.1% dividend yield with a strong balance sheet and a focus on smoke-free products for growth. The company's international exposure and successful shift towards emerging markets provide growth opportunities, making it a compelling choice for income-focused investors. PM's attractive mix of value and income, along with its global market presence and strong financial health, make it a solid buy for investors seeking high-yield income with low risk.
Philip Morris (NYSE: PM ) stock is a hot topic on Tuesday as a subpoena from the Attorney General of the District of Columbia has suspended online sales of Zyn. Zyn sales being suspended online is a cautionary move by Philip Morris as it investigates the matters connected to the subpoena.
Philip Morris International Inc. (NYSE:PM ) 2024 Deutsche Bank Global Consumer Conference June 4, 2024 2:30 AM ET Company Participants Emmanuel Babeau - CFO Conference Call Participants Gerry Gallagher - Deutsche Bank Gerry Gallagher Welcome to the 21st Deutsche Bank Global Consumer Conference, 21st time ex-COVID held here in Paris. And it is great to have everybody back here again.