Things haven't gone perfectly for Philip Morris International (NYSE: PM) for a long time, and the Marlboro maker has had to deal with tough conditions in the tobacco industry across the globe. Regulatory threats have become increasingly common, and Philip Morris has had to work hard to respond to the changing behavior among smokers who are moving away from traditional cigarettes toward alternatives that they see as less harmful and potentially more socially acceptable.Coming into Thursday's first-quarter financial report, Philip Morris investors hoped that a good earnings report would help the stock bounce back from pressure early in 2018.
Philip Morris International Struggles Despite Lower Taxes, Currency Strength
newsfeedback@fool.com (Dan Caplinger), The Motley Fool
Thu, 04/19/2018 - 6:47am
BING NEWS:
- Philip Morris: FX A Transitory Risk, Solid Earnings Support The Big Yield
Philip Morris International's valuation appears favorable, with a high dividend yield and undervalued share price. Find out if PM stock is a buy.
04/15/2024 - 7:54 am | View Link - 2 Reasons to Buy 5.6% Dividend-Yielding Philip Morris International Stock Today
International markets have generally held up better, with Philip Morris International able to solidly grow its combustible cigarette business through price increases against modest volumes declines.
04/5/2024 - 9:15 pm | View Link - 2 Reasons to Buy 5.6% Dividend-Yielding Philip Morris International Stock Today
and currency movements) of between 6.5% to 8% and adjusted EPS growth, excluding the impact of currencies, of between 7% and 9%. On top of that, Philip Morris International trades at a forward P/E ...
04/5/2024 - 5:15 pm | View Link - Are Heated-Tobacco Products the Future of Philip Morris International? 3 Things Investors Should Watch as the Company Nears Texas Launch
Now, Philip Morris International (PMI ... Cigarette sales have steadily declined due in part to stiff excise taxes and other restrictions. Meanwhile, regulators have blown up alternatives to ...
04/3/2024 - 8:11 am | View Link - Philip Morris International Inc.
No significant news for in the past two years. Key Stock Data P/E Ratio (TTM) The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing ...
04/13/2023 - 4:26 am | View Link - More
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