CORRECTION: Philip Morris Sees FY24 Adj. EPS $6.45-$6.51 Vs $6.41 Estimate
Portfolio Pulse from Benzinga Newsdesk
Philip Morris has revised its FY24 adjusted EPS guidance to a range of $6.45 to $6.51, which is above the previous estimate of $6.41.
October 22, 2024 | 11:07 am
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Philip Morris has increased its FY24 adjusted EPS guidance to $6.45-$6.51, exceeding the prior estimate of $6.41. This suggests a positive outlook for the company's financial performance.
The upward revision of the 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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IMPORTANCE 80
RELEVANCE 100