Philip Morris Cuts Full-Year EPS Outlook Due to $500M Canada Impairment
Philip Morris International (PM) has revised its full-year reported diluted earnings per share guidance for 2026 downward, citing a $500 million non-cash impairment charge at its Canadian affiliate and the impact of currency fluctuations. The new EPS range is between $7.18 to $7.33.
Tickers: $PM