07:25 AM EDT, 07/23/2024 (MT Newswires) -- Philip Morris International ( PM ) reported Q2 adjusted earnings Tuesday of $1.59 per diluted share, down from $1.60 a year earlier.

Analysts polled by Capital IQ expected $1.56.

Net revenue for the quarter ended June 30 was $9.47 billion, compared with $8.97 billion a year earlier.

Analysts surveyed by Capital IQ expected $9.19 billion.

The company raised its full-year 2024 adjusted earnings to $6.33 to $6.45 per diluted share from $6.19 to $6.31 earlier. Analysts surveyed by Capital IQ expect $6.33.

Price: 109.60, Change: +2.38, Percent Change: +2.22