01:03 PM EST, 02/06/2025 (MT Newswires) -- (Updates to add stock move in the headline and the first paragraph.)
Philip Morris International ( PM ) shares rose 10% in recent Thursday trading after the company reported higher Q4 adjusted earnings and revenue.
In the quarter ended Dec. 31, adjusted earnings rose to $1.55 per diluted share from $1.36 a year earlier.
Analysts polled by FactSet expected $1.50.
Revenue climbed to $9.71 billion from $9.05 billion a year earlier.
Analysts surveyed by FactSet expected $9.44 billion.
In Q1, the company expects adjusted diluted EPS of $1.58 to $1.63. Analysts surveyed by FactSet expect $1.61.
The company expects 2025 adjusted EPS of $7.04 to $7.17. Analysts surveyed by FactSet forecast $6.99. The company projects net revenue growth of around 6% to 8% for the year. Analysts polled by FactSet expect $39.6 billion.
Price: 144.02, Change: +13.04, Percent Change: +9.96