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PM / Philip Morris International lowers earnings outlook on currency shifts

Philip Morris International PM, -0.82% lowered its earnings outlook for the year, citing the strengthening of the U.S. dollar against a range of currencies, as well as a balance-sheet-related currency impact in Argentina. It's lowering its 2023 earnings per share forecast to a range of $5.19 and $5.28, which it said is still a rise of 8% to 9.5% after adjustments. Read More

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Posted: Sep 28 2023, 02:57

Author Name: Market Watch

PM News

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By Proactive Investors
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Philip Morris earnings top forecasts but revenue falls short

Philip Morris International Inc (NYSE:PM) called its third quarter performance “very strong” as quarterly revenue topped the $9 billion mark for t

By Barrons
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Philip Morris Stock Tips Lower After Revenue Miss

The tobacco company still posted an earnings beat. It said third-quarter EPS was $1.67.

By Market Watch
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Philip Morris International adjusted profit beats estimate

Philip Morris International Inc. PM, -0.19% on Thursday said its third-quarter net income rose to $3.37 billion, or $1.32 a share, from $2.97 billion,

By Proactive Investors
October 18, 2023

Philip Morris' smokeless products in focus ahead of 3Q earnings Thursday

Philip Morris International Inc (NYSE:PM) is slated to report earnings before the market opens on Thursday, when investors will get another chance to

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