Philip Morris International (PM) Tops Q3 EPS by 6c, Offers FY Guidance

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Go back to Philip Morris International (PM) Tops Q3 EPS by 6c, Offers FY Guidance

Philip Morris International Inc. Reports 2020 Third-Quarter Reported Diluted EPS of $1.48 Versus $1.22 in 2019, Reflecting Adjusted Diluted EPS Growth of 5.6% on an Organic Basis

October 20, 2020 6:59 AM EDT

Raises 2020 Full-Year Reported Diluted EPS Forecast to a Range of $5.03 to $5.08, or $5.05 to $5.10 on an Adjusted Basis, Reflecting Organic Growth of Around 5% to 6%

NEW YORK--(BUSINESS WIRE)-- Regulatory News:

Philip Morris International Inc. (NYSE: PM) today announces its 2020 third-quarter results. Comparisons presented in this press release on a "like-for-like" basis reflect pro forma 2019 results, which have been adjusted for the deconsolidation of PMI's Canadian subsidiary, Rothmans, Benson & Hedges, Inc. (RBH), effective March 22, 2019 (the date of deconsolidation). In addition, PMI's total market share has been restated for previous periods... More