Philip Morris (PM) Misses Q1 EPS by 5c

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Go back to Philip Morris (PM) Misses Q1 EPS by 5c

Philip Morris International Inc. (PMI) Reports 2017 First-Quarter Results; Increases, for Favorable Tax Item Only, 2017 Full-Year Reported Diluted EPS Forecast Range to $4.84 to $4.99

April 20, 2017 7:00 AM EDT

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

Excluding Currency and Tax Item, Forecast Reflects Growth of Approximately 9% to 12% vs. 2016 Adjusted Diluted EPS of $4.48

2017 First-Quarter

Reported diluted earnings per share of $1.02, up by $0.04 or 4.1% versus $0.98 in 2016 Adjusted diluted earnings per share of $0.98, flat versus 2016, reflecting a tax item as detailed in the attached Schedule 9 No impact from currency on reported and adjusted diluted earnings per share versus 2016 Total cigarette and heated tobacco unit shipment volume of 178.0 billion, down by... More