Philip Morris International Inc. (NYSE: PM) reported fourth quarter 2023 earnings results today.
Net revenues increased 11% year-over-year to $9 billion.
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Net earnings attributable to PMI were $2.2 billion compared to $2.4 billion last year.
Reported EPS decreased 8.4% to $1.41 while adjusted EPS grew 12.2% to $1.36 compared to last year.
For the full year of 2024, the company expects adjusted EPS of $6.32-6.44.
Prior performance
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/10/Philip-Morris-Q3-2023-Earnings-Infographic-653x1024.jpg)
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