Philip Morris Reports Third-Quarter Revenue of $11.4B
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10:59:11 AM UTC
SquawkNews
Philip Morris 3Q EPS $2.12 >PM
10:59:24 AM UTC
SquawkNews
Regulatory News:Philip Morris International Inc. (PMI) (NYSE:PM) today announces its 2026 third-quarter results.1"We delivered another excellent quarter, with growing total volumes, double-digit organic operating income growth and robust margin expansion," said Jacek Olczak, Group CEO PMI."With con…
10:59:46 AM UTC
SquawkNews
PMI reported Q3 2026 net revenues up 5.5% to $11.4B and adjusted diluted EPS up 5.4% to $2.36, a quarterly high. It now forecasts 2026 adjusted diluted EPS growth of 7.5%—9.5% excluding currency versus 2025.Material DetailsContext by AI AnalystThis is a late-stage confirmation of PMI’s shift toward…
11:05:39 AM UTC
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Philip Morris: Smoke-Free Business Accounted for More Than 40% of 3Q Revenue >PM
11:09:27 AM UTC
SquawkNews
Philip Morris International NYSE:PM beat Wall Street estimates for third-quarter sales and profit on Wednesday, helped by strong demand for smoking alternatives including its Zyn nicotine pouches and IQOS heated tobacco products.Quarterly revenue rose 5.5% to $11.44 billion, compared with analysts'…
11:10:50 AM UTC
SquawkNews
Philip Morris Q3 revenue and adj EPS beat on smoke-free products growth
11:13:35 AM UTC
SquawkNews
Philip Morris International reported third-quarter 2026 net revenues of $11.4 billion and adjusted diluted EPS of $2.36, a 5.4% year-over-year increase (5.8% excluding currency). Reported diluted EPS was $2.12, down 4.9% primarily due to a non-cash fair value adjustment for equity investments. The…