Philip Morris International (NYSE: PM), manufacturer of cigarettes and other nicotine containing products including reduced-risk products, is set to announce its Q1 2019 results on April 18, 2019, followed by a conference call with analysts. We expect the company to report revenue of close to $6.75 billion in Q1 2019, which would mark a decline of 2.1% on a year-on-year basis. Market expectation is for the company to report earnings of $1.01 per share in Q1 2019, marginally better than $1.00 per share in the year-ago period. We have summarized our key expectations from the earnings announcement in our interactive dashboard – How is Philip Morris expected to fare in Q1 2019 and what is the outlook for the full year? Margin improvementNet income margin is expected to increase from 22.6% in Q1 2018 to 26% in Q1 2019, driven by lower interest expense.

Source: Forbes April 17, 2019 18:45 UTC