Philip Morris International (PM) Tops Q4 EPS by 5c, Offers Guidance
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Philip Morris International Inc. Reports 2020 Fourth-Quarter & Full-Year Results; 2020 Full-Year Reported Diluted EPS of $5.16 Versus $4.61 in 2019, Reflecting Adjusted Diluted EPS Growth of 7.0%
February 4, 2021 7:59 AM ESTNEW YORK--(BUSINESS WIRE)-- Regulatory News:
Philip Morris International Inc. (NYSE: PM) today announces its 2020 fourth-quarter and full-year results. Comparisons presented in this press release on a "like-for-like" basis reflect pro forma 2019 results, which have been adjusted for the deconsolidation of PMI's Canadian subsidiary, Rothmans, Benson & Hedges, Inc. (RBH), effective March 22, 2019 (the date of deconsolidation). In addition, PMI's total market share has been restated for previous periods to reflect the deconsolidation. Growth rates presented in this press release on an organic basis reflect currency-neutral underlying results and "like-for-like" comparisons, where applicable. Adjustments,... More
