Philip Morris Raises FY Adjusted EPS Outlook to $8.31-$8.46
Reported by Reuters
Sentiment
Positive
Importance
8
Price
$172.62
Mkt Cap
$269.101B
52W Low
$142.11
52W High
$193.05
Market data snapshot near publication time
Summary
Philip Morris International has updated its full-year adjusted EPS guidance to a range of $8.31-$8.46. This represents an upward revision from the $7.56-$7.7 full-year EPS guidance provided on April 22nd. The new outlook largely aligns with the current IBES estimate of $8.41. This positive revision indicates improved financial expectations for the company.
At the time of this announcement, PM was trading at $172.62 on NYSE in the Trade & Services sector, with a market capitalization of approximately $269.1B. The 52-week trading range was $142.11 to $193.05. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.