Philip Morris Gains as Smoke-Free Surge Prompts St…

From Financial Modeling Prep: 2025-04-23 13:52:00

Philip Morris International (NYSE:PM) exceeded expectations with adjusted earnings of $1.69 per share, beating estimates of $1.60. Revenue rose 5.8% to $9.3 billion, driven by margin expansion and volume gains. Smoke-free products saw a 20.4% revenue increase, with heated tobacco shipments up 12% and ZYN pouch shipments rising 53%.

The company raised its 2025 adjusted EPS forecast to $7.36-$7.49, up from $7.04-$7.17, citing currency trends and product momentum. Philip Morris expects organic revenue growth of 6-8% and operating income growth of 10.5-12.5%. With a strong position in the smoke-free market, the company is set for continued growth and profitability.



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