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Philip Morris: tightens up target EPS range

(CercleFinance.com) - At the Barclays Global Consumer Staples conference, Philip Morris International said that it is tightening up its 2020 EPS target range, now expecting 4.
92-4.99 dollars, instead of 4.84-4.99 dollars.

On an adjusted basis, the tobacco group expects EPS of 5.00-5.07 dollars, corresponding to like-for-like growth of approximately 3.5%-5% relative to 2019, excluding currency effects.


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