Philip Morris International (NYSE: PM) Q3 Results:
Cigarette and heated tobacco unit volume down 2.1%.
Ex-U.S. The IQOS unit's market share up to 5.1%.
Revenue: $ 7,642 million (+ 1.8%).
EPS: $ 1.22 (-15.3%); non-GAAP EPS: $ 1.43 (-0.7%).
Cash Flow Options: $ 2,083 M (+ 23.8%).
2019 guidance : EPS: at least $ 4.73 from at least $ 4.94; Non-GAAP EPS: $ 5.14 (unchanged). EPS outlook was negatively impacted by impairment charges of ~ $ 0.04, Canadian litigation costs of ~ $ 0.09, ~ $ 0.20 related to a tax audit and value-added tax audit in Russia, and an adverse currency effect of $ 0.1
Shares up 2% premarket.
Previously: Philip Morris EPS beats by $ 0.07, misses revenue (October 17)