Categories AlphaGraphs, Consumer, Earnings

Philip Morris International (PM) Q1 2023 Earnings: Key financials and quarterly highlights

Philip Morris International Inc. (NYSE: PM) reported first quarter 2023 earnings results today.

Net revenues increased 3.5% year-over-year to $8 billion.

Net earnings were $1.9 billion compared to $2.3 billion last year. Reported EPS decreased 14.7% to $1.28 while adjusted EPS fell 4.4% to $1.38 versus last year.

For the full year of 2023, the company expects adjusted EPS of $6.10-6.22.

Prior performance

Philip-Morris-Q4-2022-Earnings-Infographic

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