Philip Morris International (PM) Tops Q2 EPS by 19c, Updates FY Guidance

Philip Morris International (NYSE: PM) reported Q2 EPS of $1.29, $0.19 better than the analyst estimate of $1.10. Revenue for the quarter came in at $6.65 billion versus the consensus estimate of $6.5 billion.

GUIDANCE:

Philip Morris International sees FY2020 EPS of $4.92-$5.07, versus the consensus of $4.92.

• Provides 2020 Full-Year Reported Diluted EPS Forecast of $4.84 to $4.99, or Adjusted Diluted EPS of $4.92 to $5.07, Reflecting Like-for-Like Currency-Neutral Growth of Approximately 2% to 5%

For earnings history and earnings-related data on Philip Morris International (PM) click here.

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