philip morris tobacco news

Philip Morris Stock Rises

Philip Morris Stock Surges to All-Time High on Better-Than-Expected Earnings, Outlook

Key Takeaways Philip Morris International shares climbed to a record high Tuesday after the tobacco giant reported better-than-expected quarterly results.Shipments of the company's nicotine pouches and heated tobacco devices surged,

CNBC on MSN · 2d

Philip Morris is a growth stock again as shares hit all-time high on Zyn demand boom

Part of that growth is due to easing supply constraints for the product. Shipments of Zyn cans in the U.S. rose more than 41% in the third quarter from the same three-month period in 2023. Philip Morris expects Zyn shipments to match demand "at some point" during the fourth quarter, Babeau said.

bovnews · 2d

What’s Behind Philip Morris International’s (PM) Stunning Stock Surge?

As of now, Philip Morris has shown a remarkable year-to-date (YTD) performance, boasting a gain of +41.06%. In contrast, the S&P 500 index has posted a respectable +22.31% increase during the same period.

2don MSN

Philip Morris raises annual profit forecast on strong demand for nicotine pouches

Philip Morris International raised its annual profit forecast after beating third-quarter estimates on Tuesday, betting on ...

Philip Morris' Q3 Driven By Smoke-Free Products Amid Rising Market Share In Key Regions: Analyst Forecasts Growth Across IQOS And ZYN Brands

Stifel analyst Matthew E. Smith reiterated a Buy rating on Philip Morris International Inc (NYSE:PM), raising the price ...

EconoTimes4d

Tobacco Giants Near $23.6 Billion Settlement in Canada’s Landmark Smoking Lawsuit

Philip Morris, British American Tobacco, and Japan Tobacco have agreed to pay C$32.5 billion ($23.6 billion) to settle a ...

1don MSN

Philip Morris Shares Soar on Strong Third Quarter

Its quarterly adjusted profit of $1.91 per share also beat estimates of $1.82 per share. Last week, Philip Morris said it, ...

5don MSN

Philip Morris International’s (PM) Outperformance Likely To Continue Into Next Year, Here’s Why

Philip Morris International Inc. is a global tobacco company that manufactures and sells cigarettes, other tobacco products, ...

Philip Morris: Q3 Preview, Once In A Generation Product With Zyn

Philip Morris is capitalizing on the shift to smokeless products like Zyn, driving growth and showing strong buy potential ...

Marlboro Maker Philip Morris Highlights Strong Q3 Performance On Higher Prices, Issues Upbeat Annual Forecast

Philip Morris reports strong Q3 2024 earnings with revenue up 8.4% YoY and adjusted EPS of $1.91. Smoke-free products drive ...

6don MSN

Big tobacco companies reach tentative multibillion-dollar settlement with Canada

Three large tobacco companies would pay nearly $24 billion to settle a long-running legal battle in Canada, according to a ...

MT Newswires on MSN2d

Philip Morris Tops Third-Quarter Views on Smoke-Free Demand Strength, Lifts Earnings Outlook

Shares of Philip Morris (PM) jumped intraday Tuesday after the tobacco company reported higher-than-expected third-quarter results and lifted its full-year earnings guidance amid strong demand for ...

Philip Morris' Raised Guidance Suggests Good Visibility: Goldman Sachs Analyst

Philip Morris International's Q3 revenue beat expectations, with EPS guidance raised for 2024. Goldman Sachs sees strong ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results