secwatch.observer — SEC 8-K summary
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Issuer:     Philip Morris International Inc. (PM)
CIK:        0001413329
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0001413329-24-000167
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PM Q3 reported EPS $1.97 (+49.2%), adj. EPS $1.91 (+14.4%); raises FY guidance to $6.45-$6.51 adj. EPS
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- Q3 2024 reported diluted EPS $1.97, up 49.2% YoY; adjusted diluted EPS $1.91, up 14.4% (or 18.0% ex-currency).
- FY 2024 guidance raised: reported EPS $6.20-$6.26, adjusted EPS $6.45-$6.51, implying 14-15% growth ex-currency.
- Smoke-free business contributed 38% of net revenues; IQOS HTU adjusted IMS volume up 14.8% globally.
- In Japan, IQOS HTU market share rose 3.2pp to ~30%; in Europe, share +0.8pp to 9.5% with IMS growth reaccelerating to 11.3%.
- CEO Jacek Olczak cited strong momentum across regions and categories, including ZYN volumes and resilient combustible performance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1413329/000141332924000167/0001413329-24-000167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1413329/000141332924000167/pm-20241022.htm
  HTML page:      https://secwatch.observer/filing/0001413329-24-000167

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