Reported Earlier, Philip Morris Revises Its 2024 Reported EPS Forecast - For Currency Only - To $5.77 - $5.89, At Prevailing Exchange Rates
Portfolio Pulse from Benzinga Newsdesk
Philip Morris has revised its 2024 reported EPS forecast to $5.77 - $5.89, adjusting for currency fluctuations at prevailing exchange rates.
June 04, 2024 | 10:10 am
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Philip Morris has adjusted its 2024 EPS forecast to $5.77 - $5.89, reflecting changes due to currency fluctuations. This revision indicates the company's proactive approach to managing financial expectations amid currency volatility.
The revision of the EPS forecast is solely due to currency fluctuations, which suggests that the underlying business performance remains unchanged. This neutral impact reflects the company's responsiveness to external financial conditions.
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