Performance, Earnings, and Valuation Analysis: Philip Morris International Inc. (PM)
Despite certain negative macroeconomic circumstances, Philip Morris International Inc. (NYSE: PM) was able to outperform estimates in the first quarter of this year. Philip Morris boosted their net sales by 2.1 percent to $7.7 billion, although organic growth was just 9%. This discrepancy is due to the company’s decision to discontinue selling items in some […]
