Philip Morris (PM) Q4 Earnings: Revenue Up 9.4%, Analysts Expect 6.3% Growth
[The Lead] Philip Morris International (NYSE:PM) is set to report Q4 earnings this Friday, ahead of the bell. Analysts forecast a 6.3% year-on-year revenue growth to $10.31 billion, following a 9.4% increase last quarter. The company is expected to exceed revenue estimates but may miss EBITDA forecasts. [Supporting Details & Context] Last quarter, PM beat revenue expectations by 2% with $10.85 billion in revenues, up 9.4% year over year. Analysts are looking for a slight slowdown in growth, expecting $10.31 billion in revenues, down from 7.3% year-over-year growth in Q4 of the previous year. Adjusted earnings per share are expected to be $1.70. Analysts have reconfirmed their estimates over the past 30 days, indicating confidence in PM's performance. With PM up 16.2% over the last month and trading at $180.21, investors are optimistic, supported by positive sentiment in the consumer staples sector, where peers Constellation Brands and Altria have seen share price increases.