Philip Morris International Inc. has managed to surpass earnings expectations impressively, resulting in an all-time high in its shares. This performance in the first quarter of 2025 has triggered multiple positive responses from analysts. UBS has upgraded Philip Morris on this improved earnings, and with a 9.1% EPS beat. The FMCG company has been focused on investing more in smoke-free products. This initiative has seen a tremendous rise in revenue and earned widespread recognition for its strategic decisions, effectuating in the robust overall growth for the company. Notably, smokeless tobacco alternative ZYN has significantly driven sales, which resulted in Philip Morris uplifting its profit forecast. In recent developments, a new Zyn plant expected to boost the Colorado economy was announced, further sharing positive prospects for Philip Morris. Even though the company has faced a declining trend in earnings over the last five years, shareholders enjoyed a rise of 166%. Continual Q1 2025 achievements, such as impressive EPS of $1.72 and revenue of $9.3 billion, demonstrate confident growth and evolving capabilities. Even Morgan Stanley increased the price target for Philip Morris amid its excellent performance.
Philip Morris International PM News Analytics from Fri, 13 Dec 2024 08:00:00 GMT to Sat, 26 Apr 2025 15:49:39 GMT - Rating 8 - Innovation 7 - Information 8 - Rumor -2
