Philip Morris International (PMI) shares remain a popular choice among investors due to the company's successful transition into smoke-free products and strong financial performance. PMI showcased this at the 2025 CAGNY Conference, where they reaffirmed their 2025 full-year forecast, bolstering confidence in their future outlook. The company's relentless move towards a smoke-free future and commitment to technological innovation has propelled its earnings per share (EPS) growth, with surroundings predicting up to 9% growth by 2025. PMI also reported a record cash flow during the Q4 2024 earnings call, revealing further progress on their $12.5 billion smoke-free transformation journey. Several asset management firms demonstrated great interest, raising their stakes in PMI. In addition, PMI’s US affiliate plans to create 500 new jobs via a $600 million investment in a manufacturing facility in Aurora, Colorado. On revenue and EPS estimates for Q4, PMI beat expectations with its innovative smoke-free products being the major driver of financial growth. Despite reaching an all-time high in share price, several analysts and hedge funds still find PMI’s stock attractive for long-term investment.
Philip Morris International PM News Analytics from Tue, 23 Apr 2024 07:00:00 GMT to Fri, 21 Feb 2025 20:16:33 GMT -
Rating 7
- Innovation 6
- Information 7
- Rumor 2
