Philip Morris International Inc. has reaffirmed its 2025 full-year forecast, with reported diluted EPS projected to be in the range of $6.55 to $6.68. The adjusted diluted EPS forecast ranges from $7.04 to $7.17, representing a 7.2% to 9.1% increase compared to 2024's figure of $6.57. Excluding the adverse currency impact, the growth is even more significant, ranging from 10.5% to 12.5%.
The adjustments made to the 2025 forecast include a total of $0.49 per share, with various factors such as restructuring charges, impairment of goodwill and other intangibles, amortization of intangibles, and other specific charges taken into account. These adjustments have resulted in the projected increase in adjusted diluted EPS.
It's worth noting that the assumptions underlying this forecast remain unchanged from those communicated by PMI in its earnings release of February 6, 2025. The company has also highlighted that factors described in the forward-looking and cautionary statements section of the release represent continuing risks to these projections. The market has reacted to these announcements by moving the company's shares 0.2% to a price of $149.15. If you want to know more, read the company's complete 8-K report here.
