Philip Morris (PM) Soars 4.56% on Strong Q1 Earnings

On April 23, 2025, Philip Morris International Inc. (PM) saw a significant rise of 4.56% in pre-market trading, reflecting a strong start to the day's trading session.

Philip Morris International Inc. (PM) reported a robust first-quarter performance, with earnings per share (EPS) of $1.69, surpassing analyst estimates of $1.60. The company's revenue for the quarter was $9.3 billion, indicating a strong financial performance. This positive earnings report has contributed to the stock's upward momentum.

In addition to its strong Q1 results, Philip Morris has raised its 2025 adjusted EPS forecast to a range of $7.36 to $7.49, up from the previous range of $7.04 to $7.17. This revision is attributed to favorable currency impacts and the company's overall performance. The increased forecast has further bolstered investor confidence in the company's future prospects.

Philip Morris International Inc. (PM) has been a standout performer in the market, with shares up 35.72% year-to-date and approximately 73.66% over the past year. This strong performance is driven by the robust sales of the company's flagship no-smoking products, which have gained significant traction in the market. The company's strategic focus on developing and promoting these products has positioned it well for continued growth.