Philip Morris International's Q2 Adjusted Earnings, Net Revenue Increase; Q3 Adjusted EPS Outlook Issued
MT Newswires Live
Jul 22
Philip Morris International (PM) reported Q2 adjusted earnings Wednesday of $2.20 per diluted share, up from $1.91 a year earlier.
Analysts polled by FactSet expected $2.03.
Net revenue for the quarter ended June 30 was $11.19 billion, compared with $10.14 billion a year earlier.
Analysts expected $10.60 billion.
For Q3, Philip Morris expects adjusted EPS of $2.20 to $2.25. Analysts expect $2.42.
The company said it now expects 2026 adjusted EPS of $8.26 to $8.41, from its previous guidance of $8.36 to $8.51. Analysts expect $8.36.
Philip Morris International shares were down more than 1% premarket Wednesday.
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