Philip Morris International (PM) Projected to Post Quarterly Earnings on Wednesday

Philip Morris International (NYSE:PM) is expected to be releasing its Q2 2026 results before the market opens on Wednesday, July 22nd. Analysts expect the company to announce earnings of $2.04 per share and revenue of $10.6122 billion for the quarter. Philip Morris International has set its FY 2026 guidance at 8.360-8.510 EPS and its Q2 2026 guidance at 2.020-2.070 EPS. Parties can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, July 22, 2026 at 9:00 AM ET.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The business had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. During the same period in the previous year, the firm earned $1.69 EPS. The company’s quarterly revenue was up 9.1% compared to the same quarter last year. On average, analysts expect Philip Morris International to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Philip Morris International Trading Down 0.1%

Shares of NYSE PM opened at $192.72 on Monday. Philip Morris International has a 12 month low of $142.11 and a 12 month high of $194.62. The firm has a market capitalization of $300.37 billion, a PE ratio of 27.11, a price-to-earnings-growth ratio of 2.28 and a beta of 0.38. The firm has a fifty day simple moving average of $182.37 and a two-hundred day simple moving average of $174.47.

Philip Morris International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Thursday, June 25th will be paid a dividend of $1.47 per share. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.1%. Philip Morris International’s payout ratio is presently 82.70%.

Institutional Trading of Philip Morris International

A number of hedge funds have recently modified their holdings of PM. Safe Harbor Fiduciary LLC purchased a new position in Philip Morris International during the 4th quarter valued at about $29,000. Measured Wealth Private Client Group LLC bought a new stake in Philip Morris International during the third quarter worth about $32,000. McIlrath & Eck LLC purchased a new stake in Philip Morris International in the second quarter worth about $36,000. WFA of San Diego LLC purchased a new stake in Philip Morris International in the second quarter worth about $41,000. Finally, Swiss RE Ltd. purchased a new stake in Philip Morris International in the fourth quarter worth about $40,000. Institutional investors own 78.63% of the company’s stock.

Wall Street Analysts Forecast Growth

PM has been the topic of several research analyst reports. Needham & Company LLC reiterated a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research report on Thursday, April 23rd. Morgan Stanley raised their price objective on shares of Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, June 3rd. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Finally, Stifel Nicolaus decreased their target price on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $194.62.

Philip Morris International Company Profile

Philip Morris International Inc (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.