PMI updates 2026 EPS guidance to $7.18-$7.33 due to currency and RBH impairment
Philip Morris International recorded a non-cash impairment charge of approximately $500 million on its Canadian affiliate RBH investment due to updated financial projections reflecting current industry dynamics. The company's adjusted diluted EPS guidance remains strong at $8.31-$8.46, representing 10.2%-12.2% growth, though organic growth excluding currency is 7.5%-9.5%.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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