Philip Morris Changes EPS Guidance
July 20 2021 - 7:51AM
Dow Jones News
By Allison Prang
Philip Morris International Inc. revised its earnings guidance
for the year.
The tobacco company said it now expects earnings to be between
$5.76 a share and $5.86 a share for the full year. It previously
was expecting earnings to be between $5.93 a share to $6.03 a
share.
The company expects adjusted earnings to be between $5.97 a
share and $6.07 a share, which is 2 cents higher than its old
guidance.
Excluding currency, the company expects adjusted earnings of
between $5.79 a share and $5.89 a share. It had been expecting a
range 4 cents lower.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
July 20, 2021 07:38 ET (11:38 GMT)
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