Societe Generale Upgrades Philip Morris (PM) to Hold

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Philip Morris International Inc. (PMI) Reports 2016 First-Quarter Results; Increases, for Currency Only, 2016 Full-Year Reported Diluted EPS Forecast to a Range of $4.40 to $4.50

April 19, 2016 5:43 AM EDT

Reflecting Currency-Neutral Growth of Approximately
10% to 12% vs. 2015 Adjusted Diluted EPS of $4.42

NEW YORK--(BUSINESS WIRE)-- Regulatory News:

2016 First-Quarter

Reported diluted earnings per share of $0.98, down by $0.18 or 15.5% versus $1.16 in 2015 Excluding unfavorable currency of $0.19, reported diluted earnings per share up by $0.01 or 0.9% versus $1.16 in 2015 as detailed in the attached Schedule 9 Adjusted diluted earnings per share of $0.98, down by $0.18 or 15.5% versus $1.16 in 2015 Excluding unfavorable currency of $0.19, adjusted diluted earnings per share up by $0.01 or 0.9% versus $1.16 in 2015 as detailed in the attached Schedule... More