Philip Morris Q4 Revenue Climbs, Expects Annual Earnings To Improve; Pre-Market Stock Up

(RTTNews) - Philip Morris International Inc. (PM), a tobacco company, on Thursday reported fourth quarter net loss of $0.38 per share, compared with a profit of $1.41 per share, recorded for the same period last year.

Excluding items, income stood at $1.55 per share, higher than $1.36 per share a year ago. Adjusted earnings per share, excluding currency, were $1.49 per share as against last year's $1.36 per share.

Revenue was $9.706 billion, higher than $9.047 billion a year ago.

Looking ahead to the full-year 2025, Philip Morris expects net income per share of $6.55 to $6.68, higher than $4.52 recorded in the full-year 2024. Excluding items, earnings are expected to be $7.04 to $7.17 per share, compared with last year's $6.57 per share. PM projects adjusted earnings per share, excluding currency, to be in the range of $7.26 to $7.39 per share, higher than $6.95 per share in 2024.

On average, analysts polled forecast the firm to earn $7 per share for the year. Analysts' estimates typically exclude special items. PM was up by 7.65 percent at $141.25 in the pre-market trade on the New York Stock Exchange.