Philip Morris Reaffirms 2024 Full-Year Forecast For Adjusted EPS Of $6.33 - $6.45, Est $6.40
Portfolio Pulse from Benzinga Newsdesk
Philip Morris International (PMI) reaffirms its 2024 full-year forecast for adjusted EPS of $6.33 to $6.45, with an estimated $6.40. The forecast indicates a currency-neutral increase of 11% to 13% compared to 2023.
September 03, 2024 | 11:55 am
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Philip Morris International reaffirms its 2024 EPS forecast, projecting a currency-neutral increase of 11% to 13% compared to 2023. This reaffirms investor confidence in the company's financial performance.
The reaffirmation of the EPS forecast suggests confidence in the company's financial performance, likely boosting investor sentiment. The projected growth of 11%-13% in a currency-neutral context indicates strong operational performance, which is positive for the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100