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194 days

Philip Morris’s stock rises as outlook tops analyst estimates - MarketWatch

1. Philip Morris surpassed Wall Street earnings expectations for 2024. 2. Growth in Iqos and Zyn pouches boosted prospects. 3. Expected 2025 earnings forecast exceeds analyst consensus. 4. Quarterly revenue surpassed estimates at $9.71 billion. 5. Record shipments of smoke-free products indicated strong demand.

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FAQ

Why Very Bullish?

Strong profit outlook and product growth align with positive investor sentiment, similar to previous earnings beats.

How important is it?

The article highlights key growth drivers that are likely to influence PM's price significantly.

Why Long Term?

Sustained growth in smokeless products suggests potential for ongoing profitability, akin to past market trends.

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