Philip Morris (PM) Misses Q2 EPS by 5c; FY16 Outlook Updated

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Philip Morris International Inc. (PMI) Reports 2016 Second-Quarter Results; Revises 2016 Full-Year Reported Diluted EPS Forecast for Improved Currency,

July 19, 2016 7:00 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 Second-Quarter

Reported diluted earnings per share of $1.15, down by $0.06 or 5.0% versus $1.21 in 2015 Excluding unfavorable currency of $0.08, reported diluted earnings per share up by $0.02 or 1.7% versus $1.21 in 2015 as detailed in the attached Schedule 13 Adjusted diluted earnings per share of $1.15, down by $0.06 or 5.0% versus $1.21 in 2015 Excluding unfavorable currency of $0.08, adjusted diluted earnings per share up by $0.02 or 1.7% versus $1.21 in 2015 as detailed in... More