Philip Morris International Inc. (PMI) Reports 2019 First-Quarter Reported Diluted EPS of $0.87 versus $1.00 in 2018, Reflecting Currency-Neutral Adjusted Diluted EPS Growth of 15.0%

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Go back to Philip Morris International Inc. (PMI) Reports 2019 First-Quarter Reported Diluted EPS of $0.87 versus $1.00 in 2018, Reflecting Currency-Neutral Adjusted Diluted EPS Growth of 15.0%

UPDATE: Philip Morris International (PM) Tops Q1 EPS by 12c, Revenues Beat; Lowers FY19 EPS Guidance Below Consensus

April 18, 2019 7:01 AM EDT

(Updated - April 18, 2019 7:18 AM EDT)

Philip Morris International (NYSE: PM) reported Q1 EPS of $1.09, $0.12 better than the analyst estimate of $0.97. Revenue for the quarter came in at $6.8 billion versus the consensus estimate of $6.74 billion.

Revises 2019 Full-Year Reported Diluted EPS Forecast to at Least $4.87 versus $5.08 in 2018, Reflecting Currency-Neutral Like-for-Like Adjusted Diluted EPS Growth of at Least 8%Reported diluted earnings per share of $0.87, down by $0.13 or 13.0% versus $1.00 in 2018Excluding unfavorable currency of $0.06, reported diluted earnings per share down by $0.07 or 7.0% versus $1.00 in 2018 as detailed in the attached Schedule... More