Philip Morris International (PM) shares climbed to an all-time high Tuesday after the tobacco giant posted better-than-expected results and raised its outloꦅok on soaring demand for its non-cigarette products. 

The maker of Marlboro cigarettes, ZYN nicotine pouches, and IQOS heated tobacco devices reported third-quarter adjusted earnings per share (EPS) of $1.91, with revenue advancing 6.7% from a year ago to $2.96 billion. Both were quarterly records and exceeded analysts' estimates.  

Shipments 👍of nicotine pouches jumped 43.6% to 164.6 million cans. Heated tobacco unit shꦫipments were up 8.9% to 35.35 million. Shipments of cigarettes improved 1.3% to 163.24 million.

The company noted its smoke-free business made up 38% of its revenue and 40% of 澳洲幸运5开奖号码历史查询:gross profit.

Philip Morris said it now anticipates full-year adjusted diluted EPS of $6.45 to $6.51, up from its previous outl🎶ook of $6.33 to $6.45. ꩲ

Shares of Philip Morris were up about 9% at $129.60 in Tuesday afternoon trading and have gained over 37% since the start of the year.