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Provider: Thomson Reuters Stock Report
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Provider: New Constructs, LLC
Provider: MacroRisk Analytics/EconomicInvestor

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Philip Morris International Inc Lowers FY 2013 EPS Guidance

Thursday, 17 Oct 2013 06:59am EDT 

Philip Morris International Inc revised fiscal 2013 guidance and expects diluted earnings per share (EPS) forecast to be in a range of $5.35 to $5.40, versus $5.17 in 2012. The forecast includes the unfavorable special tax item of $0.01 per share associated with the enactment of the American Taxpayer Relief Act of 2012 reported in the first quarter of 2013, an anticipated 2013 fourth-quarter charge, related to a previously announced organizational restructuring, of approximately $0.03 per share, and reflects a cautious outlook regarding certain markets. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $5.43 for fiscal 2013. 

Company Quote

-0.97 -1.15%
19 Dec 2014