# Philip Morris International Inc. (PM) — Q3-2016 Earnings Results

**Report date:** 2016-10-18 (before market open)  
**Sector:** Consumer Staples / Tobacco  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/PM/earnings/Q3-2016

## Post-Earnings Brief

### Headline

Philip Morris International Beats on EPS, Stock Up 1.1%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.29 | N/A | +4.79% |

### Management Commentary

**Tone:** Cautiously Optimistic

Management expressed satisfaction with the EPS results, highlighting ongoing efforts to innovate and adapt to market changes. They emphasized the importance of smoke-free product development.

**Key quotes:**

> We are pleased with our EPS performance this quarter.

> Our focus remains on transitioning to smoke-free products.

### Guidance Changes

No forward guidance was provided during the earnings call.

### What It Means

The earnings report indicates that Philip Morris International is performing well in terms of earnings per share, exceeding expectations. The stock reacted positively, rising by 1.1%, likely driven by the better-than-expected EPS. However, the absence of revenue data and guidance leaves some uncertainty about future performance.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/PM/earnings/Q3-2016_