From Reuters: 2025-04-24 15:53:00

Philip Morris International (NYSE:PM) reported Q1 CY2025 results, beating revenue expectations with sales up 5.8% to $9.3 billion and a non-GAAP profit of $1.70 per share, 5.1% above estimates. The company raised its full-year Adjusted EPS guidance to $7.43, citing strong growth in smoke-free products like ZYN and IQOS. Management highlighted increased U.S. production capacity and new market launches for ZYN as key drivers. Philip Morris plans to invest in manufacturing and marketing to support smoke-free product growth. Analysts are monitoring ZYN supply constraints, IQOS innovation, and regulatory environments for future performance.



Read more at Reuters: Smoke-Free Products Drive Revenue Beat and Raised Guidance