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PM reported Q2 adjusted EPS of $2.20 vs. $2.05 est. & revenue of $11.19B vs. $10.64B est. Smoke-free revenue climbed 11.7%, IQOS helped driv

PM reported Q2 adjusted EPS of $2.20 vs. $2.05 est. & revenue of $11.19B vs. $10.64B est. Smoke-free revenue climbed 11.7%, IQOS helped drive 7.5% smoke-free shipment growth, and management reaffirmed organic growth targets while guiding Q3 EPS to $2.20-$2.25; cuts FY26 EPS to range of $8.26-$8.41 vs previous forecast of $8.31-$8.46; shares flattish this AM

PM reported Q2 adjusted EPS of $2.20 vs. $2.05 est. & revenue of $11.19B vs. $10.64B est.

Smoke-free revenue climbed 11.7%, IQOS helped drive 7.5% smoke-free shipment growth, and management reaffirmed organic growth targets while guiding Q3 EPS to $2.20-$2.25; cuts FY26 EPS to range of $8.26-$8.41 vs previous forecast of $8.31-$8.46; shares flattish this AM