Edition:
India

Philip Morris Q1 Adjusted Earnings Per Share $1.09


Thursday, 18 Apr 2019 

April 18 (Reuters) - Philip Morris International Inc ::PHILIP MORRIS INTERNATIONAL INC. (PMI) REPORTS 2019 FIRST-QUARTER REPORTED DILUTED EPS OF $0.87 VERSUS $1.00 IN 2018, REFLECTING CURRENCY-NEUTRAL ADJUSTED DILUTED EPS GROWTH OF 15.0%.Q1 EARNINGS PER SHARE $0.87.Q1 REVENUE $6.8 BILLION VERSUS REFINITIV IBES ESTIMATE OF $6.74 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.97 -- REFINITIV IBES DATA.Q1 ADJUSTED EARNINGS PER SHARE $1.09.REVISES 2019 FULL-YEAR REPORTED DILUTED EPS.QTRLY FLAT CIGARETTE SHIPMENT VOLUME OF 164.3 BILLION UNITS.QTRLY CIGARETTE AND HEATED TOBACCO UNIT SHIPMENT VOLUME OF 175.8 BILLION UNITS, UP BY 1.1%.ACHIEVED MILESTONE IN QUARTER, REACHING MORE THAN 10 MILLION IQOS USERS WORLDWIDE.QTRLY FLAT CIGARETTE SHIPMENT VOLUME OF 164.3 BILLION UNITS.QTRLY HEATED TOBACCO UNIT SHIPMENT VOLUME OF 11.5 BILLION UNITS, UP BY 1.9 BILLION UNITS OR 20.2%.REVISES 2019 FULL-YEAR REPORTED DILUTED EPS FORECAST TO AT LEAST $4.87 VERSUS $5.08 IN 2018.QTRLY REPORTED RESULTS WERE IMPACTED BY PREVIOUSLY DISCLOSED CHARGES RELATED TO OUR CANADIAN SUBSIDIARY.PHILIP MORRIS - ON TRACK TO DELIVER AGAINST FULL-YEAR ADJUSTED DILUTED EPS CURRENCY-NEUTRAL GROWTH FORECAST OF AT LEAST 8% ON A LIKE-FOR-LIKE BASIS.QTRLY NET REVENUES UP BY 3.2% EXCLUDING UNFAVORABLE CURRENCY OF $369 MILLION.FY2019 EARNINGS PER SHARE VIEW $5.09 -- REFINITIV IBES DATA.SEES 2019 ADJUSTED DILUTED EPS$5.09.SEES 2019 ADJUSTED DILUTED EPS, EXCLUDING. CURRENCY $5.23.