Philip Morris International Inc reports results for the quarter ended December 31 - Earnings Summary

• Philip Morris International Inc PM.N reported quarterly adjusted earnings of $1.55​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.36. The mean expectation of nine analysts for the quarter was for earnings of $1.50 per share. Wall Street expected results to range from $1.39 to $1.57 per share.
• Revenue rose 7.3% to $9.71 billion from a year ago; analysts expected $9.44 billion.
• Philip Morris International Inc's reported EPS for the quarter was a loss of 36 cents​.
• The company reported a quarterly loss of $557 million.
• Philip Morris International Inc shares had risen by 8.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.2% in the last three months.​
• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."
• The average consensus recommendation for the tobacco peer group is also "buy"

Wall Street's median 12-month price target for Philip Morris International Inc is $144.03

This summary was machine generated from LSEG data February 6 at 02:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)