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Philip Morris Reaffirms 2024 Full-Year Forecast For Adjusted EPS Of $6.33 - $6.45, Est $6.40

Author: Benzinga Newsdesk | September 03, 2024 07:55am

PMI reaffirms its 2024 full-year reported diluted EPS forecast, announced on July 23, 2024, of $5.89 to $6.01. Excluding a total 2024 adjustment of $0.44 per share and an unfavorable currency impact, at then-prevailing exchange rates, of $0.34 per share, this forecast represents a projected currency-neutral increase of 11% to 13% versus adjusted diluted EPS of $6.01 in 2023, as outlined in the below table.

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