Thursday, July 18, 2013

Philip Morris International Earnings Preview: Get Ahead of the Analysts

Philip Morris International (NYSE:PM) will report earnings before markets open on Thursday, July 18th. Philip Morris International Inc., through its subsidiaries, affiliates and their licensees, produces, sells, distributes, and markets a wide range of branded cigarettes and tobacco products in markets outside of the United States of America. The Company’s portfolio comprises both international and local brands.
Here is your Cheat Sheet to Philip Morris International Earnings:
Earnings Expectations: Analysts expect earnings of $1.41 per share on revenues of $8.20 billion. Currently, the company’s P/E ratio stands at 17.37.Philip Morris International is the producer of Chesterfield Cigarettes and Bond cigarettes.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.54 to a profit $1.49. For the current year, the average estimate is a profit of $5.57, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Philip Morris International has been performing on an annual basis:
Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 63,640 62,080 67,713 76,346 77,393
Diluted EPS ($) 3.32 3.24 3.92 4.85 5.17
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 20,037.00 19,592.00 19,742.00 18,527.00
Diluted EPS ($) 1.36 1.32 1.25 1.28
Past Performance:
Philip Morris International has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

Thursday, July 11, 2013

48 hours after ending Tobacco use, health benefits begin

“Within 48 hours of quitting smoking, health benefits begin,” said Dr. Steven Leers, a member of the Society for Vascular Surgery. “Blood pressure decreases. Pulse rate drops. The body temperature of hands and feet increases. Carbon monoxide levels in the blood return to normal. The chance of a heart attack decreases. Nerve endings regrow. There’s an increase in the ability to taste and smell.”
Dr. Leers is an advocate for not smoking. Research has linked smoking to cancer, vascular disease, stroke and lung disease.
“As a vascular surgeon, I’ve seen the damage done to veins and arteries from tobacco use,” said Dr. Leers. “Nicotine speeds up the heart and causes the body to release fat and cholesterol into the blood. All of these are related to vascular disease.”
In addition, smoking accelerates the hardening and narrowing of arteries. Smokers are two to four times more likely to develop blood clots.
Nearly 6 million people die every year from tobacco use according to the World Health Organization (WHO). Of these, more than 600,000 persons die from secondhand smoke.
In the U.S., the 2011 Centers for Disease Control and Prevention (CDC) report “Tobacco Use: Targeting the Nation’s Leading Killer” indicates that smoking leads to 443,000 premature deaths annually from tobacco use or exposure to secondhand smoke. On average, smokers die 13 to 14 years earlier than non-smokers.
“Nicotine in cigarettes raises blood pressure and constricts arteries,” said Dr. Leers.
Narrowed arteries can result in:
* blood clots
* heart attacks (narrowed coronary artery)
* stroke (narrowed brain or neck artery)
* peripheral arterial disease (PAD) leading to gangrene and amputation (narrowed leg artery)
* erectile dysfunction for men in their 30s and 40s (narrowed artery to the penis).

Monday, July 1, 2013

Alabama flunks smoking report

Alabama didn’t pass a single course on its report card from the American Lung Association.
The report card was released last week as part of the American Lung Association’s State of Tobacco Control 2013 analysis, which graded each state on its tobacco regulations in four main areas: tobacco prevention and control funding, smoke-free air ordinances, cigarette taxes and cessation coverage.