Philip Morris International Inc

PM: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Philip Morris International Earnings: Raising Fair Value on Impressive Volume and Price Growth

Kristoffer Inton

Oct 22, 2024

Philip Morris reported continued strong performance in its third quarter, leading it to raise its full-year guidance. Top-line growth was broad-based across combustibles and smoke-free. The firm now expects 14%-15% adjusted earnings per share growth excluding currency, up from 11%-13%.

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Philip Morris International Inc

Philip Morris International Earnings: Raising Fair Value on Impressive Volume and Price Growth

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