More on Philip Morris (PM) Q2 earnings: The strong dollar hurt results with EPS of $1.30 off...

|About: Philip Morris Internatio... (PM)|By:, SA News Editor

More on Philip Morris (PM) Q2 earnings: The strong dollar hurt results with EPS of $1.30 off 4.4% Y/Y, but excluding currency movement, EPS would have been $1.37, up a hair from last year. Cigarette shipping volume of 228.9B units off 3.9% Y/Y. FY2013 EPS guidance is revised down to $5.43-$5.53 vs. the Street at $5.55. Unfavorable currency movement is expected to cost about $0.31/share. CC at 9ET. (PR)