Same pattern for Philip Morris in Q4

|By:, SA News Editor

Philip Morris International (MO +1.4%) reports global cigarette volume fell 4.3% to 223.3B units in Q4. The decline was only 1.9% if the market disruption in the Philippines is backed out.

The company stayed consistent with its buyback program in Q4, coming in at $1.5B for the period.

The 2014 forecast from the company includes the view that EPS will fall in a range of $5.02 to $5.12.