Tag: $Philip Morris International

Philip Morris cut its annual profit forecast on Tuesday, with CEO Jacek Olczak citing margin pressure due to higher ​energy costs from the Iran conflict and currency ‌swings, at a time when consumers rein in spending.

Philip Morris International Inc. (PM) reported first-quarter earnings and revenue that exceeded analyst expectations, driven by strong performance in its smoke-free product portfolio, particularly IQOS heat-not-burn devices.

Philip Morris International (PM) reported softer-than-expected revenue for the fourth quarter on Friday, dragging down the tobacco giant’s stock ahead of the opening bell.

Philip Morris International (PM.N), raised its annual profit forecast for the third time this year on Tuesday, benefiting from strong demand for its smoking alternatives, including nicotine pouch Zyn and inhalable IQOS.

Philip Morris International hiked its annual profit forecast on Wednesday, delivering early on investor hopes for outlook raises throughout 2025, thanks to the performance of newer products, including the nicotine pouch brand ZYN.