Philip Morris International Inc (NYSE:PM)
$ 128.98 0.27 (0.21%) Market Cap: 200.54 Bil Enterprise Value: 245.09 Bil PE Ratio: 20.47 PB Ratio: 0 GF Score: 84/100

Philip Morris International Inc at Barclays Global Consumer Staples Conference Transcript

Sep 08, 2021 / 12:00PM GMT
Release Date Price: $103.68 (-2.24%)
Gaurav Jain
Barclays Bank PLC, Research Division - Research Analyst

Good morning, everyone. Thank you for joining our 30th Barclays Global Staples Conference. I hope summer provided you and your families enough opportunity to recharge and travel. I'm Gaurav Jain, Barclays' global tobacco and cannabis analyst. Joining us today for the first session of the day is Emmanuel Babeau, the Chief Financial Officer of Philip Morris International. Thank you, Emmanuel, for giving us the opportunity, again, to host you.

Emmanuel Babeau
Philip Morris International Inc. - CFO

Thank you, Gaurav, for having me.

Gaurav Jain
Barclays Bank PLC, Research Division - Research Analyst

Thank you, Emmanuel. So Philip Morris is up 31% year-to-date, and it still is trading at 16x P/E for what is likely to be a low to mid-teens EPS growth company, and that is something that the company has just reaffirmed for this year. It is our topic in the sector. I will first turn it over to Emmanuel for his opening comments before asking him some

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot