Tatyana Berkovich Overview As an investor who values the income generated from my portfolio, high-yielding stocks like Philip Morris (NYSE:PM) are a must-have within my portfolio. This is because of the attractive nature of the qualified dividend distribution and the cash flow heavy business. I initially covered PM at the beginning of the year in January, and since then, the price has surpassed my price target of $96 per share. However, we can see that Philip Morris experienced the least amount of total ret ...

The exterior of an IQOS store. noel bennett As a dividend growth investor, the future of my investments is what matters to me most. This is because achieving my financial goals hinges on making my money work very hard for me. Paradoxically, I find that seeing the future requires going back into the past and working my way to the present day. That can allow me to judge the trajectory of a company's corporate culture. When a business maintains a culture of innovation and responsiveness to its customers, it al ...

Philip Morris (PM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this seller of Marlboro and other cigarette brands have returned +5.6% over the past month versus the Zacks S&P 500 composite's -4.2% change. The Zacks Tobacco industry, to which Philip Morris belongs, has gained 2.2% over this period. Now the key question is: Where could the stock be head ...

财报表现 - Philip Morris International (PM)最近公布了其2023年第一季度的财报，收入和盈利均超过了街头预期[1] - PM公司在2023年第一季度表现良好，受益于加热烟草业务需求强劲增长，调整后的运营利润率也有所提高[5] 股票表现 - PM股票在过去几年的表现并不稳定，2021年和2023年表现不佳，与标普500指数相比表现不佳[2] 业绩预期 - PM公司预计2024年每股调整后的收益将在6.19美元至6.31美元之间，较之前的预期有所下调[6] 销售增长 - PM公司预计其加热烟草单元销量将在今年增长中位数百分比，电子烟产品IQOS的需求强劲增长，已超过万宝路品牌的收入[7]

烟草公司股票 - 烟草公司股票在投资者中享有广泛的受欢迎程度，因为它们具有高利润率、强劲的现金流和通常支付高股息的特点[1] - 菲利普莫里斯国际公司（PM）最近的研究报告认为，该股票目前的价格无疑是一个买入机会[1] 公司业绩 - 公司在2024年第一季度表现良好，收入和盈利能力均有显著增长，超过了分析师对这两个指标的共识预测[3] - 公司对未来感到乐观，提高了对营收和利润的指导[3] 公司转型 - 公司正在从传统烟草香烟转型到被认为对世界更安全、对用户更少有害的产品，其重要的自由现金流（FCF）也在上升[5]

The tobacco giant will soon be allowed to sell a proven product in a proven market.The tobacco industry is obviously still around, but there's no denying it's on the defensive. The smoking cessation movement has been whittling away at the number of worldwide smokers for decades, and there's no real growth in store for the traditional cigarette business.And yet, tobacco giant Philip Morris International (PM -1.11%) is still a compelling investment prospect that's about to get even better. On Wednesday, May 1 ...

Did you analyze how Philip Morris (PM) fared in its international operations for the quarter ending March 2024? Given the widespread global presence of this seller of Marlboro and other cigarette brands, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth pat ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☑ 1934 For the quarterly period ended March 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from to Commission File Number 001-33708 Philip Morris International Inc. (Exact name of registrant as specified in its charter) Virginia 13-3435 ...

公司业绩 - 公司的烟草加热产品IQOS在欧洲市场占有率首次超过10%，在日本市场份额增长超过3个百分点达到29%[2] - 公司的加热烟草单位出货量增长20.9%，达到33.1亿支，整体出货量增长3.6%至180.5亿支[3] - 公司总收入增长9.7%至88亿美元，有机收入增长11%，超过分析师预期的84.7亿美元[4] 财务表现 - 毛利率提高得益于价格上涨和烟草产品的高毛利率，调整后的每股收益增长8.7%至1.50美元，调整后的每股收益在恒定货币下增长23%至1.70美元[5] 未来展望 - 公司预计加热烟草类别将继续强劲增长，预测增长14%-16%，整体有机收入增长7%-8.5%，调整后的每股收益预计为6.55-6.67美元，增长9%-11%[7] 价值分析 - 公司的IQOS战略取得了成效，股价看起来具有很好的价值，尤其考虑到其5.5%的股息率[8]

财务数据和关键指标变化 - 公司在第一季度交付了出色的业绩,超出预期,实现了两位数的有机净收入和营业利润增长,以及中性调整后每股收益的增长,这都得益于强劲的销量增长 [10] - 公司的IQOS和ZYN业务动力持续强劲,有机净收入增长25%,毛利增长38% [10][29] - IQOS出货量增长13%,ZYN美国销量增长80% [11][54] - 公司的营业利润率有机增长370个基点,包括货币影响在内的扩张90个基点 [33] 各条业务线数据和关键指标变化 - IQOS业务在日本、欧洲和新兴市场持续强劲增长,市场份额超过10%的市场已达11个 [37][44][49][50][52] - ZYN在美国市场份额持续扩大,12个月滚动出货量增长70% [54][55][56] - 传统卷烟业务在定价和生产效率提升的支撑下,有机毛利增长2.3% [30][31][58][59] 各个市场数据和关键指标变化 - 日本市场IQOS品牌份额增长3.1个百分点至29.3% [44] - 欧洲市场IQOS份额增长0.9个百分点,超过10%区域份额 [39][40][41] - 新兴市场如印尼、韩国、埃及等IQOS表现良好,城市份额持续提升 [50][51][52] 公司战略和发展方向及行业竞争 - 公司持续推进烟草替代品的创新和全球扩张,IQOS ILUMA设备和新口味产品在多个市场推出 [62][63][64] - 公司在美国市场开始针对成年烟民的IQOS 3系统试点,为IQOS ILUMA的全面上市做准备 [64][65] - 公司正在加快口味烟弹和电子烟VEEV在全球的推广,VEEV有望在下半年实现盈利 [66][67] - 公司目标到2030年成为主要烟草替代品供应商 [90][91] 管理层对经营环境和未来前景的评论 - 公司对2024年的有机收入和利润增长前景持乐观态度,预计有机收入增长7%-8.5%,有机营业利润增长10%-12% [68][70][71] - 公司将通过定价、成本效率等措施来抵消汇率不利影响,确保在美元口径下实现强劲增长 [68][88][89][140][141][142] - 公司看好未来的定价环境,将继续提高IQOS和ZYN产品的价格 [129][130][131] 问答环节重要的提问和回答 问题1 **Bonnie Herzog 提问** 公司如何应对持续的汇率不利影响 [100] **Emmanuel Babeau 回答** 公司将通过提价和加强成本效率等措施来抵消汇率压力,并优先投资于增长潜力最大的业务 [101][102][103][104][105][141][142] 问题2 **Callum Elliott 提问** 过去10年公司美元每股收益增长乏力,未来有何新的措施来支撑美元业绩增长 [136][137] **Emmanuel Babeau 回答** 公司未来将依靠强劲的有机增长、积极的定价策略以及持续的成本优化来支撑美元业绩增长,这些都是过去未能充分发挥的潜力 [138][139][140][141][142]