While investors in the tobacco space have tended to be more focused on dividends over the years, Philip Morris International (NYSE: PM) has quietly turned itself into a strong growth company as its smoke-free business continues to drive strong results.

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Philip Morris International (NYSE:PM – Get Free Report) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Monday.

Philip Morris International Inc. (PMI) (NYSE: PM) will host a live audio webcast of a presentation by Jacek Olczak, Chief Executive Officer, and Emmanuel Babeau, Chief Financial Officer, at the Consumer Analyst Group of New York (CAGNY) Conference on Wednesday,

Tobacco firm Philip Morris’ 2025 earnings guidance easily topped expectations, overshadowing the fourth-quarter report.

Key Takeaways Demand for Philip Morris International's smoke-free products helped the tobacco giant beat fourth-quarter profit and sales estimates.The maker of Marlboro cigarettes and ZYN nicotine patches also gave better-than-expected guidance.

Philip Morris (PM) stock soared higher today after posting its earnings report for Q4 2024. The tobacco company’s adjusted earnings per share