Philip Morris International Inc. today reported solid results for the second quarter of 2025, with strong EPS growth and even a modest guidance increase. However, PM shares dropped by more than 10% in the initial reaction, likely and largely due to the somewhat high expectations previously fueled by management. Smoke-free products (IQOS and ZYN) continue to drive growth and offset the slight decline in traditional cigarette volumes.
PM lifts full-year outlook as strong second-quarter results show gains in IQOS, ZYN and stable combustibles across regions.
Philip Morris International Inc (NYSE:PM, ETR:4I1) posted a revenue miss for the second quarter as cigarette shipment volumes declined 1.5% year-over-year, sending its shares lower on Tuesday morning. The Marlboro and Virginia Slims producer reported revenue of $10.14 billion, short of the Wall Street consensus of $10.28 billion.
Although the revenue and EPS for Philip Morris (PM) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Philip Morris (PM) came out with quarterly earnings of $1.91 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.59 per share a year ago.
Guidance implies slowing EPS growth in Q3 despite strong Q2 momentum and raised full-year outlook.
PM's second quarter results are likely to benefit from strong pricing and sustained smoke-free momentum despite currency pressures.
Philip Morris International (NYSE:PM) is set to disclose its earnings on Tuesday, July 22, 2025. Reviewing the data from the past five years, Philip Morris stock has demonstrated positive one-day returns following earnings reports in 60% of cases.
Philip Morris might have touched all-time highs recently, but there's still a case to upgrade it to buy. At a time when macroeconomic uncertainty could well drag on, the stock can be a portfolio stabilizer and offer continued passive income. Its seemingly effortless pivot towards non-combustibles is another point in its favor, putting it ahead of peers.
Beyond analysts' top-and-bottom-line estimates for Philip Morris (PM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2025.
Philip Morris (PM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Philip Morris (PM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.