Philipp Morris boosts 2025 earnings forecast as smoke-free sales drive growth

  • Philip Morris International Inc (NYSEM, ETR:4I1) has raised its earnings outlook for 2025 and delivered an earnings beat for the first quarter, sending its shares almost 3% higher on Wednesday. The multinational tobacco firm best known for its Marlboro cigarettes now expects adjusted earnings for the full year to be between $7.36 and $7.49 per share, representing growth of 12% to 14%, up from its previous forecast of $7.04 to $7.17 per share.