Philip Morris CFO Massimo Andolina Says Expects Abnormally Low U.S. Profitability In Q4; We Expect FY Tobacco Pricing Above 8%; We Expect FY Adjusted EPS In The Middle Or Lower Half Of Our Forecast Range
-Conference Call.
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Why It Matters
Philip Morris says the U.S. business will be weaker than normal this quarter. They still expect to raise tobacco prices above 8 percent for the year.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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