PMI Q1 adjusted EPS $1.50 (+8.7% YoY); raises FY currency-neutral guidance

Philip Morris International Inc.

2024-Q1 EPS reported $1.38 revenue$8,793,000,000

Reported diluted EPS $1.38 (+7.8%); adjusted diluted EPS $1.50 (+8.7%), up 23.2% excluding currency.
Smoke-free business net revenues up 21.1% (24.8% organic), 39% of total; gross profit up 31.8%.
IQOS HTU adjusted IMS volume up ~12.5%; Japan market share >29%, Europe >10% for first time.
CEO raises 2024 currency-neutral guidance citing strong Q1 top-line growth and margin expansion.
VEEV vaping category shows promising early consumer traction and profitability.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Philip Morris International Inc. reported the quarter ended March 31, 2024 results: EPS $1.38. Guidance raised.

Period: the quarter ended March 31, 2024
EPS: $1.38
Guidance: raised
Result: reported results

Exact text from the filing

On April 23, 2024, Philip Morris International Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2024

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Philip Morris International Inc. filing history →

Source: SEC EDGAR

accession 0001413329-24-000083

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