Categories AlphaGraphs, Consumer, Earnings
PM Earnings: Key quarterly highlights from Philip Morris Q2 financial results
Philip Morris International Inc. (NYSE: PM) reported second quarter 2021 earnings results today.
Net revenues increased 14.2% year-over-year to $7.6 billion.
Reported net income amounted to $2.17 billion compared to $1.94 billion in the year-ago period. Reported EPS rose 11.2% YoY to $1.39 while adjusted EPS rose 21.7% YoY to $1.57.
For the full year of 2021, reported EPS is expected to be $5.76-5.86 while adjusted EPS is estimated to be $5.97-6.07.
Prior performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
United Parcel Service (UPS) seems on track to regain lost strength
Cargo giant United Parcel Service, Inc. (NYSE: UPS) ended fiscal 2023 on a weak note, reporting lower revenues and profit for the fourth quarter. The company experienced a slowdown post-pandemic
IPO Alert: What to look for when Boundless Bio goes public
Boundless Bio is preparing to debut on the Nasdaq stock market this week, and become the latest addition to the list of biotech firms that have launched IPOs this year.
Nike (NKE) bets on innovation and partnerships to return to high growth
Sneaker giant Nike, Inc. (NYSE: NKE) has been going through a rough patch for some time, with sales coming under pressure from weak demand and rising competition. Post-pandemic, the company