Strong Buy PM by Apr 25, 2025.

# Fundamental Overview: Philip Morris International (PM) has delivered solid financial results in recent quarters, underpinned by growth in both traditional combustibles and next-generation smoke-free products. **Recent Earnings Trend:** In 2024, PM consistently beat expectations, with revenue and earnings on an upward trajectory. Example: 1. Q4 2024 net revenues were $9.7 billion (up 7.3% YoY), and adjusted EPS rose 14% YoY to $1.55, topping forecasts. This capped a year in which organic net revenue grew high-single digits and adjusted EPS …