Philip Morris International is a leading global organization in the tobacco industry, primarily known for manufacturing and distributing a variety of smokeable products, including cigarettes and heated tobacco devices. The company is committed to transforming its business by investing in reduced-risk products, promoting alternatives to traditional smoking, such as e-cigarettes and heated tobacco products that aim to deliver nicotine without the harmful effects associated with combustion. With a strong emphasis on innovation and sustainability, Philip Morris International is actively shifting its focus towards a smoke-free future, striving to create a healthier environment while still engaging its customer base. Read More
Tobacco company Philip Morris International (NYSE:PM) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 5.8% year on year to $9.3 billion. Its non-GAAP profit of $1.70 per share was 5.1% above analysts’ consensus estimates.
Risk-on sentiment dominated Wall Street on Wednesday, as upbeat earnings reports and conciliatory messages from the Trump administration helped lift investor confidence.
Philip Morris International (NYSE: PM) shares climb after Q1 FY25 results beat expectations. Revenue rose 5.8% to $9.30 billion, with adjusted EPS of $1.69 topping the $1.61 forecast. Smoke-free products drove 42% of total sales.
Tobacco company Philip Morris International (NYSE:PM) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 5.8% year on year to $9.30 billion. Its non-GAAP profit of $1.69 per share was 4.8% above analysts’ consensus estimates.
U.S. stock futures continued rising on Wednesday after a day of strong recovery on Tuesday. Futures of major benchmark indices were higher in premarket.
