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

Philip Morris International (NYSE:PM) will likely be announcing its Q2 2026 results before the market opens on Wednesday, July 22nd. Analysts expect Philip Morris International to post earnings of $2.04 per share and revenue of $10.6440 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. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, July 22, 2026 at 7:00 AM ET.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.13. The business had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The business’s revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the business posted $1.69 EPS. 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 Stock Performance

PM stock opened at $176.44 on Wednesday. Philip Morris International has a 1 year low of $142.11 and a 1 year high of $193.05. The stock has a market capitalization of $274.98 billion, a price-to-earnings ratio of 24.82, a PEG ratio of 2.12 and a beta of 0.38. The stock’s fifty day moving average is $181.35 and its two-hundred day moving average is $173.92.

Philip Morris International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Thursday, June 25th will be paid a $1.47 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $5.88 annualized dividend and a dividend yield of 3.3%. Philip Morris International’s dividend payout ratio is presently 82.70%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Stifel Nicolaus dropped their target price on Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Morgan Stanley upped their target price on Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 3rd. Needham & Company LLC reaffirmed a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research note on Thursday, April 23rd. Finally, Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $194.62.

Institutional Investors Weigh In On Philip Morris International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PM. Safe Harbor Fiduciary LLC acquired a new stake in shares of Philip Morris International in the fourth quarter worth about $29,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Philip Morris International during the 3rd quarter valued at about $32,000. McIlrath & Eck LLC bought a new position in shares of Philip Morris International in the 2nd quarter valued at approximately $36,000. Swiss RE Ltd. acquired a new stake in Philip Morris International in the 4th quarter worth approximately $40,000. Finally, WFA of San Diego LLC acquired a new stake in Philip Morris International in the 2nd quarter worth approximately $41,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

About Philip Morris International

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.