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.

Prior performance

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Key highlights from McCormick & Company’s (MKC) Q3 2023 earnings results

McCormick & Company, Incorporated (NYSE: MKC) reported third quarter 2023 earnings results today. Net sales increased 6% year-over-year to $1.68 billion, but narrowly missed estimates of $1.70 billion.   Net income

Carnival Corporation (CCL): A couple of factors that work in favour of this cruise ship operator

Shares of Carnival Corporation & plc (NYSE: CCL) were down on Monday. The stock has gained 69% year-to-date. The company delivered strong results for the third quarter of 2023 and although

Earnings Preview: PepsiCo (PEP) likely to deliver another strong quarter

Over the years, brand loyalty and diversification of the portfolio have played a key role in the continued success of PepsiCo, Inc. (NASDAQ: PEP) The soft drink giant is now

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