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Philip Morris backs FY24 adjusted EPS view $6.32-$6.44, consensus $6.40
The Fly

Philip Morris backs FY24 adjusted EPS view $6.32-$6.44, consensus $6.40

Sees FY24 adjusted EPS excluding currency $6.43-$6.55. Philip Morris CEO, Jacek Olczak and CFO, Emmanuel Babeau, will address investors at the 2024 Consumer Analyst Group of New York, or CAGNY, Conference. The company said, “PMI reaffirms its 2024 full-year reported diluted EPS forecast, announced on February 8th, of $5.90 to $6.02. Excluding a total 2024 adjustment of $0.42 per share and an unfavorable currency impact, at currently prevailing exchange rates, of $0.11 per share, this forecast represents a projected currency-neutral increase of 7% to 9% versus adjusted diluted EPS of $6.01 in 2023, as outlined in the below table.”

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