Philip Morris Sees FY24 Adj. EPS $6.45-$6.51 Vs $6.17 Estimate;
Portfolio Pulse from Benzinga Newsdesk
Philip Morris has announced its FY24 adjusted EPS guidance to be between $6.45 and $6.51, surpassing the previous estimate of $6.17.
October 22, 2024 | 11:06 am
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Philip Morris has raised its FY24 adjusted EPS guidance to a range of $6.45-$6.51, which is higher than the previous estimate of $6.17. This suggests a positive outlook for the company's financial performance.
The increase in EPS guidance indicates that Philip Morris expects better financial performance than previously anticipated. This is likely to boost investor confidence and positively impact the stock price in the short term.
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