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PM Philip Morris International Inc

97.41
0.10 (0.10%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Philip Morris International Inc NYSE:PM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.10 0.10% 97.41 98.03 96.33 97.47 5,611,931 01:00:00

Philip Morris Sees Unfavorable Currency Impact on 2021 Results

01/12/2021 12:34pm

Dow Jones News


Philip Morris (NYSE:PM)
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From May 2021 to May 2024

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By Matt Grossman

 

Philip Morris International Inc. adjusted its 2021 earnings guidance lower to account for unfavorable currency effects, though it maintained its previous forecast for earnings on an adjusted basis.

The New York City-based tobacco company said it now expects reported earnings of $5.74 to $5.79 a share in 2021, down from a previous per-share forecast of $5.77 to $5.82.

The company still expects adjusted earnings excluding currency effects of $5.84 to $5.89 a share.

Chief Executive Jacek Olczak said the company remains confident in its organic-growth trajectory through 2023.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

December 01, 2021 07:19 ET (12:19 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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