Categories AlphaGraphs, Consumer, Earnings

PM Earnings: Key quarterly highlights from Philip Morris’ Q2 2023 financial results

Philip Morris International Inc. (NYSE: PM) reported second quarter 2023 earnings results today.

Net revenues increased 14.5% year-over-year to $9 billion. Revenues grew 10.5% on an organic basis.

Net earnings attributable to PMI were $1.56 billion compared to $2.23 billion last year. Reported EPS fell 29% YoY to $1.01 while adjusted EPS grew 17% to $1.60.

For the full year of 2023, adjusted EPS is estimated to range between $6.13-6.22.

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Best Buy Co. (BBY) Q1 2025 earnings rise; comparable sales down 6.1%

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HRL Earnings: Key quarterly highlights from Hormel’s Q2 2024 financial results

Hormel Foods Corporation (NYSE: HRL) reported its second quarter 2024 earnings results today. Net sales decreased 3% year-over-year to $2.89 billion. Net earnings attributable to Hormel Foods Corporation were $189.2

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