Philip Morris (PM) Surpasses Q1 Earnings and Revenue Estimates

Group 1 - Philip Morris reported quarterly earnings of $1.69 per share, exceeding the Zacks Consensus Estimate of $1.61 per share, and up from $1.50 per share a year ago, representing an earnings surprise of 4.97% [1] - The company achieved revenues of $9.3 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.97%, and an increase from $8.79 billion year-over-year [2] - Philip Morris has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Group 2 - The stock has increased approximately 36.4% since the beginning of the year, contrasting with a -10.1% decline in the S&P 500 [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The trend for estimate revisions for Philip Morris is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Group 3 - The current consensus EPS estimate for the upcoming quarter is $1.81 on revenues of $10.04 billion, and for the current fiscal year, it is $7.23 on revenues of $40.6 billion [7] - The Tobacco industry is ranked in the top 21% of Zacks industries, suggesting a positive outlook for stocks within this sector [8]