Pricing Gains To Drive Philip Morris’ Q2?

Philip Morris (NYSE: PM) is scheduled to report its Q2 2023 results on Thursday, July 20. We expect PM stock to trade higher, with its revenue and earnings likely exceeding the street expectations. The company should continue to benefit from an uptick in heated tobacco units and better pricing. Furthermore, our forecast indicates that PM stock has some room for growth, as discussed below. Our interactive dashboard analysis of Philip Morris Earnings Preview has additional details.

(1) Pricing gains to bolster top-line growth