Earnings Preview: Philip Morris International EPS, Revenue Expected to Rise from Previous Quarter

It's time to get ready for Philip Morris International PM earnings! Don't be caught off-guard: The company releases its next round of earnings this Thursday, July 21, 2011.

Wondering what to expect from Philip Morris International's lastest earnings numbers? We thought so. Here's an advanced look at the company's second quarter earnings report.

Let's Do the Numbers:

Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of $1.21 per share and revenues of $7.8 billion. We'll know on Thursday whether Philip Morris International has managed the estimated 116% increase in EPS and 110% rise in revenues on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q1	Q4	Q3	Q2
EPS Estimate	$1.04	$0.96	$1.01	$0.97
EPS Actual	$1.06	$0.97	$1.0	$1.0

Stock Performance:

At last check, shares of Philip Morris International were trading at $66.93. Since January 1st, shares of Philip Morris International have given investors a return of 16.6%.

Average Stock Rating:

The average rating by analysts for Philip Morris International is a Moderate Buy. Over the past three months this rating's strength has declined slightly.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of Philip Morris International's peers.

• Alliance One International (AOI): Hold with a $-1.12 recent quarter EPS
• Lorillard (LO): Hold with a $1.71 recent quarter EPS
• Altria Group (MO): Hold with a $0.44 recent quarter EPS
• Reynolds American (RAI): Moderate Buy with a $0.59 recent quarter EPS

Finally, a description of the main business areas of the company, in case you need a little refresher: Philip Morris International, Inc. is the holding company whose subsidiaries and affiliates manufacture and sell cigarettes and other tobacco products in markets outside the U.S.

Take Action:

Now that you've gotten an advanced peak at Philip Morris International's upcoming earnings numbers, keep an eye out for any surprises in the report and be ready to take action. Also, check back in with us after the announcement for a full recap and a guide to your next steps.

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