Philip Morris International Inc
PM: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| L<n | LOCK|hWh | LOCK|&x??khz |
Philip Morris Earnings: Shares Fall Due to Lofty Market Expectations Rather Than Weakness in Results
Philip Morris reported 6.8% organic revenue growth and 18.9% adjusted EPS growth excluding currency impacts in the second quarter. Smoke-free grew 14.5% organically, while combustibles grew 2% as price increases exceeded 1.5% volume decline.
