Earnings call briefThird-quarter 2026
Philip Morris International now sees 2026 EPS at midpoint or lower half
The company also expects fourth-quarter U.S. adjusted operating company income around zero or slightly negative.
GetSignal Philip Morris International PM
Philip Morris International said on its third-quarter call that full-year adjusted diluted EPS is more likely to be at the midpoint or lower half of both brackets. The company said cost pressures from geopolitical tensions and Ukraine disruptions together reduce full-year adjusted EPS growth by about one point. It also said organic net revenue growth could be in the middle or upper half of its 5% to 7% range.
Quotes from the call
“...considering the significant H2 step-up in U.S. investments and the cost impact of ongoing geopolitical tensions, we see the full year delivery more likely to be at the midpoint or lower half of both brackets.”
Key facts from the call
- Expected fourth-quarter U.S. adjusted operating company income
- Around zero or slightly negative
- Expected 2026 organic net revenue growth
- Middle or upper half of 5% to 7%
- Expected combined impact on 2026 adjusted EPS growth
- Approximately one point reduction
Source: Philip Morris International's third-quarter 2026 earnings call, October 21, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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