By Allison Prang

Philip Morris International Inc. expects profit to rise in 2021.

The Marlboro cigarette parent on Thursday said it expects between $5.90 a share and $6 a share in earnings for this year. That would be higher than in 2020.

The company is guiding for adjusted earnings, not including a favorable currency impact at prevailing exchange rates, to be between $5.65 a share and $5.75 a share.

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

February 04, 2021 08:36 ET (13:36 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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