Philip Morris International Revises FY23 Outlook: Adj Diluted EPS $6.05 - $6.08 (From $5.96 - $6.05 Prior On Sept. 28) vs. $6.09 Estimate, GAAP EPS $4.95 - $4.98
Portfolio Pulse from Benzinga Newsdesk
Philip Morris International has lowered its FY23 outlook, with adjusted diluted EPS now expected to be between $6.05 and $6.08, down from the previous estimate of $6.13 to $6.22. The company's reported diluted EPS for 2023 is forecasted to be between $4.95 and $4.98, down from the previous range of $5.19 to $5.28.
October 19, 2023 | 11:05 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Philip Morris International has lowered its FY23 outlook, which could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
Lowering of the FY23 outlook indicates that the company's future earnings may not meet previous expectations, which could negatively impact investor sentiment and lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100