Philip Morris International Reports Strong Q1 Results, Raises Full-Year Outlook

Philip Morris International (PM) reported better-than-expected earnings and revenue for the first quarter of fiscal 2024. Adjusted earnings per share (EPS) came in at $1.50, exceeding the analysts’ estimate of $1.41, while revenue reached $8.79 billion, surpassing the consensus projection of $8.46 billion. The company’s updated guidance for the full year reflects optimism, with an adjusted EPS range of $6.55 to $6.67, acima do consenso de $6,37.

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