Philip Morris International (PM) Tops Q3 EPS by 17c, Revenues Beat; Reaffirms FY18 EPS Outlook

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Philip Morris International Inc. (PMI) Reports 2018 Third-Quarter Results; Reported Diluted EPS of $1.44 Up 13.4% vs. $1.27 in 2017; Reaffirms 2018 Full-Year Reported Diluted EPS to Be in a Range of $

October 18, 2018 6:59 AM EDT

Reflecting Currency-Neutral Growth of Approximately 8% to 9% vs. 2017 Adjusted Diluted EPS of $4.72

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

2018 Third-Quarter

Reported and adjusted diluted earnings per share of $1.44, up by $0.17 or 13.4% versus $1.27 in 2017 Excluding unfavorable currency of $0.09, adjusted diluted earnings per share up by $0.26 or 20.5% versus $1.27 in 2017 as detailed in the attached Schedule 2 Cigarette and heated tobacco unit shipment volume of 203.7 billion, down by 2.1%, or up by 1.1% excluding the net impact of total estimated distributor inventory movements, reflecting: Cigarette shipment volume of 195.1... More