Latest Articles
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How Have Falling Oil Prices Affected Philip Morris’ Performance in Saudi Arabia?
Saudi Arabia has imposed hefty taxes on tobacco products, sugary soft drinks, and energy drinks in the quarter starting in April. A 100% tax was placed on cigarettes and energy drinks, as well as a 50% tax on soft drinks. These taxes were first p...
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Philip Morris Falls On A Weak Third Quarter
Currency has been a big headwind for Philip Morris International (NYSE:PM) in recent years and continues to put a dampener on the company’s earnings. Its earnings came in at $1.27 per share, missing estimates by 11 cents. The revenues were...
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iQOS To Continue Its Phenomenal Run For Philip Morris In The Third Quarter
Philip Morris International (NYSE:PM) is set to report its third quarter earnings on October 19, before the markets open. Earnings of $1.38 per share are expected in the quarter, a rise of 13 cents from the year ago period. Meanwhile, a revenue g...
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Why Is Korea Easier To Conquer For iQOS Than Europe?
Philip Morris International’s (NYSE:PM) heat-not-burn tobacco product iQOS has witnessed phenomenal growth in the markets it has been launched in. As of July 2017, the product had been introduced in key cities in 27 markets globally, follow...
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Currency Headwinds Result In Another Weak Quarter For Philip Morris
Currency has been a big headwind for Philip Morris International (NYSE:PM) in recent years, and continues to play a dampener on the company’s results. Its earnings came in at $1.14 per share, down by a penny over the corresponding prior ye...
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Increased Prices To Boost Philip Morris’ Top-Line
Philip Morris International (NYSE:PM) is set to report its second quarter earnings on July 20, before the markets open. Earnings of $1.23 per share are expected in the quarter, a rise of 8 cents from the year ago period. Meanwhile a revenue growt...
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Philip Morris: Focusing On A Smoke-Free Future
Philip Morris International (NYSE:PM) seems to be fully committed towards designing a smoke-free future, wherein smokers’ demands are to be met through potentially less harmful alternatives to cigarettes. The company’s momentum contin...
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Low Cigarette Volumes And A Strong Dollar Result In A Disappointing Quarter For Philip Morris
Philip Morris International (NYSE:PM) declared its first quarter earnings on April 20, wherein it reported an EPS of $0.98, flat versus the same quarter a year ago, but which missed on the consensus estimate by 5 cents. Even the revenue of $6.06 ...
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Favorable Pricing Variance To Again Result In Revenue Gain For Philip Morris
Philip Morris International (NYSE:PM) is set to report its first quarter earnings on April 20, 2017. The growth in revenue is expected to be driven by higher prices, as well as a rise in RRP (Reduced Risk Products) revenues. While margins are exp...
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Strong Demand For Smokeless Tobacco In Japan
Many tobacco companies have come to acknowledge the growing importance of having reduced-risk products in their portfolio to attain long-term success. In this regard, Philip Morris International (NYSE:PM) launched its heat-not-burn technology de...
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iQOS- A Product Of Innovation Or Necessity For Philip Morris?
Philip Morris International (NYSE:PM) uses the term Reduced Risk Products (RRPs) to refer to products with the “potential to reduce individual risk and population harm, in comparison to smoking cigarettes.” The company has a number of...
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What Do Falling Oil Prices Have To Do With Cigarette Prices In Saudi Arabia?
Saudi Arabia is slated to impose hefty taxes on tobacco products, sugary soft drinks, and energy drinks in the quarter starting in April. A 100% tax will be placed on cigarettes and energy drinks, as well as a 50% tax on soft drinks. These taxes ...
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iQOS’ Impressive Growth Story Continues In The Fourth Quarter For Philip Morris
Philip Morris International (NYSE:PM) reported its fourth quarter and full year 2016 earnings on February 2, 2017. While the company missed consensus estimates on earnings per share by a penny, the metric increased almost 36% in the quarter, prim...
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Can iQOS Continue Its Tremendous Momentum For Philip Morris In Its Fourth Quarter?
Philip Morris International (NYSE:PM) is scheduled to report its fourth quarter and full year ended December 2016 earnings on February 2, 2016, before the markets open. Declining volumes in the industry seem to be the norm, and Philip Morris is n...
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How Is Philip Morris Working Towards A Smoke-Free Future?
Philip Morris International (NYSE:PM), on January 25, reaffirmed its commitment to designing a smoke-free future . The company’s momentum continues to grow behind a full-scale effort to market smoke-free products that can ultimately replace...
