PM Earnings Prediction
The chart below shows how PM performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PM sees a -1.40% change in stock price 10 days leading up to the earnings, and a +0.98% change 10 days following the report. On the earnings day itself, the stock moves by +0.91%. This data can give you a slight idea of what to expect for the next quarter's release.
PM Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
9.91B
8.42%
4.68%
Gross Margin
66.04%
1.01%
2.12%
Operating Margin
36.87%
0.00%
1.35%
Net Margin
32.44%
36.59%
21.50%
EPS
1.97
49.24%
27.92%
No Data Available
PM Earnings Analysis
Philip Morris International Inc. Corporation (PM.N) Earnings Conference Call
Positive
Outstanding Q3 Performance: We delivered another outstanding performance in Q3.
Strong Organic Growth: All key elements of the business performed at or above expectations, driving strong double-digit organic top and bottom-line growth.
Earnings Per Share Growth: Adjusted diluted earnings per share growth in dollar terms.
Product Growth Acceleration: Both IQOS and ZYN accelerated on a sequential basis.
Q3 Performance Optimization: Our overall Q3 performance optimizes the soundness of our strategy, with underlying momentum across categories with strong volumes, pricing and smoke-free mix supported by cost efficiency measures.
Negative
Earnings Per Share Decline: The company reported a decline in adjusted diluted earnings per share by 6% year-over-year, falling to $1.91, which was below market expectations.
Operating Income Decline: Operating income decreased by 4% compared to the previous year, indicating challenges in maintaining profitability amidst rising costs.
Disappointing Revenue Growth: The overall revenue growth was only 8.6%, significantly lower than the anticipated double-digit growth, reflecting weaker demand in key markets.
Currency Impact on Earnings: The company faced a negative currency impact of $0.06 per share, primarily due to fluctuations in the Egyptian Pound and Argentine Peso, which affected overall earnings.
Stagnant U.S. Customer Growth: Customer growth in the U.S. market was stagnant, with no significant increase in market share, raising concerns about future growth potential.
PM FAQs
How does PM typically perform around its earnings report dates?
Is Philip Morris International Inc. (PM) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
PM Earning Call Sentiment
Philip Morris International Inc. (PM) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
PM.N
2.47%Positive
The earnings call summary reveals strong financial performance with double-digit growth in key metrics like organic revenue, operating income, and EPS. Smoke-free products, particularly ZYN and IQOS, show robust growth despite some deceleration. The Q&A section highlights management's confidence in overcoming short-term challenges, such as supply issues, and their commitment to market expansion. The lack of specific guidance for FY 2025 introduces some uncertainty, but overall, the positive financial results and optimistic outlook suggest a likely positive stock price movement over the next two weeks.