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Philip Morris raises FY24 adjusted EPS view, excluding currency, to $6.55-$6.67
The Fly

Philip Morris raises FY24 adjusted EPS view, excluding currency, to $6.55-$6.67

Consensus $6.37. Philip Morris stated that reported diluted EPS is forecast to be in a range of $5.70 to $5.82, at prevailing exchange rates, versus reported diluted EPS of $5.02 in 2023. Excluding a total 2024 adjustment of 49c per share and an adverse currency impact of 36c, at prevailing exchange rates, this forecast represents a projected increase of 9.0% to 11.0% versus adjusted diluted EPS of $6.01 in 2023.

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