Philip Morris International Inc. Reports Strong Q2 2024 Earnings
Tuesday, 23 July 2024, 12:47
Philip Morris Q2 2024 Earnings Overview
Philip Morris International Inc. (NYSE: PM) has released its earnings results for the second quarter of 2024.
Key Financial Highlights
- Net Revenues: Increased by 5.6% year-over-year, totaling $9.5 billion.
- Organic Revenue Growth: Reached a substantial 9.6%.
- Net Earnings: Attributed to PMI were $2.40 billion, up from $1.56 billion last year.
- GAAP EPS: Saw a notable increase of 52.5% to $1.54.
- Adjusted EPS: Experienced a slight decline of 0.6%.
Conclusion
The strong financial performance of Philip Morris in Q2 2024 underlines the company's growth and resilience in the industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.