---
schema_version: "secwatch.filing_event.v1"
accession: "0001413329-24-000083"
form_type: "8-K"
ticker: "PM"
cik: "0001413329"
company_name: "Philip Morris International Inc."
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T11:44:58.624916+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001413329-24-000083
- form_type: 8-K
- ticker: PM
- cik: 0001413329
- company_name: Philip Morris International Inc.
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1413329/000141332924000083/0001413329-24-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1413329/000141332924000083/pm-20240423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001413329-24-000083
- JSON: https://secwatch.observer/filing/0001413329-24-000083.json
- Plain text: https://secwatch.observer/filing/0001413329-24-000083.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1413329/000141332924000083/0001413329-24-000083-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.