Analysts’ 2018 Revenue Expectations for Philip Morris and Altria
Analysts are expecting Philip Morris International (PM) to post revenue of $31.9 billion in 2018, which represents a rise of 11% from $28.8 billion in 2017. The company’s management expects currency-neutral revenue growth at approximately 8%. Revenue growth is expected to be driven by an increase in product prices and growth in RRP (reduced risk products) sales.