PHILIP MORRIS: WILL IT STRIKE GOLD OR FALL FLAT? ALL EYES ON THE Q4 EARNINGS SHOWDOWN!
SHOCKING REVENUE PROJECTIONS! Philip Morris International Inc. (NYSE: PM) is preparing to unveil its much-anticipated fourth quarter 2024 earnings this Thursday, February 6, just before the market bell rings! Could this be a blockbuster report or a total disaster? With the stock marking an eye-popping 42% gain in the past year, everyone is on the edge of their seats!
EYE-WATERING REVENUES EXPECTED!
Analysts are buzzing with excitement, predicting a staggering $9.44 billion in revenues for Q4 2024! That’s over 4% growth from last year! And let’s not forget the previous quarter where they wowed everyone with an 8% jump to $9.9 billion. Will they keep the momentum rolling?
EPS: ARE WE READY FOR A SURGE?
Get ready for the earnings rollercoaster! Experts estimate an earnings per share (EPS) of $1.50, up from last year’s $1.36 in Q4 2023. Hot off the heels of an astonishing 14% spike to $1.91 in Q3 2024, can they pull it off again?
THE SMOKE-FREE REVOLUTION IS HERE!
Hold onto your hats! Philip Morris is riding high on the booming smoke-free wave! Their smoke-free empire has fired up a 14% surge in net revenues and an explosive 16% jump in gross profit! It now accounts for a jaw-dropping 38% of total revenues! With nearly 40 billion units shipped in Q3 alone, the momentum shows no signs of slowing down!
IQOS AND ZYN: THE DYNAMIC DUO!
It’s time for some serious name-dropping: IQOS and ZYN! These heavyweights are cash cows for Philip Morris, raking in over $10 billion in annual net revenues. And guess what? Sales of heated tobacco units skyrocketed nearly 15% YoY, boasting double-digit growth across Europe and Japan! Can you say GOLDMINE?
ZYN nicotine pouches are exploding too! Q3 saw a staggering 22% overall growth in oral smoke-free product shipments, with ZYN shipments in the US zooming up by a jaw-dropping 41.4%! Now available in 30 markets, ZYN is taking the world by storm, and they’ve finally solved those pesky supply constraints just in time for Q4!
COMBUSTIBLE BUSINESS MAKES A COMEBACK!
Don’t count out the traditional smoke business! Revenues here climbed 5% YoY, driven by stellar pricing and strong industry volumes. This comeback is fueled by markets where smoke-free options haven’t taken off yet, alongside robust efforts to combat illicit trade!
CAN PHILIP MORRIS DELIVER A MIND-BLOWING Q4?
Brace yourselves! With all this momentum, Philip Morris is gearing up for a knockout Q4! Expect margin expansion and hefty investments in smoke-free brands, which could send costs soaring. Is Philip Morris setting the stage for a spectacular finish, or are we headed for a cliffhanger?
The countdown to the earnings report is ON! Will they triumph or face a turbulent ride? Stay tuned, because the Philip Morris saga is just heating up!🔥
