Published September 29, 2016 6:53am EDT | Updated September 29, 2016 8:05am EDT

Philip Morris Narrows Forecast For 2016 Earnings

Philip Morris International Inc. on Thursday lifted and narrowed its outlook for 2016 earnings at a two-day investor meeting in Lausanne, Switzerland. The cigarette maker narrowed its forecasts to include the impact of currency moves, projecting 2016 full-year reported diluted earnings per share in a range of $4.53 to $4.58 from a previous range of $4.45 to $4.55. Shares were unchanged in early premarket trading.