Philip Morris International (PM) Tops Q2 EPS by 2c, Offers Guidance

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Philip Morris International Inc. Reports 2021 Second-Quarter Reported Diluted EPS of $1.39—Including Charges for Saudi Arabia Customs Assessments and Exit Costs—and Adjusted Diluted EPS of $1.57,

July 20, 2021 6:59 AM EDT

Revises 2021 Full-Year Reported Diluted EPS Forecast to a Range of $5.76 to $5.86 and Raises Organic Growth to Around 12% to 14%

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

Philip Morris International Inc. (NYSE: PM) today announces its 2021 second-quarter results. Growth rates presented in this press release on an organic basis reflect currency-neutral underlying results. Adjusted net revenues exclude the impact related to the Saudi Arabia customs assessments. Adjustments, other calculations and reconciliations to the most directly comparable U.S. GAAP measures are included in the schedules to this press release.

2021 SECOND-QUARTER &... More