Philip Morris International (PM) Expected to Release Earnings on Wednesday

Philip Morris International (NYSE:PM) is expected to be posting its Q2 2026 results before the market opens on Wednesday, July 22nd. Analysts expect Philip Morris International 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 find conference call details on the company’s upcoming Q2 2026 earning summary 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 released its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The firm had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. During the same period in the previous year, the company earned $1.69 earnings per share. Philip Morris International’s 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 0.3%

Shares of NYSE PM opened at $192.47 on Tuesday. Philip Morris International has a twelve month low of $142.11 and a twelve month high of $194.90. The company has a market capitalization of $299.98 billion, a price-to-earnings ratio of 27.07, a PEG ratio of 2.28 and a beta of 0.38. The firm has a 50-day moving average of $182.58 and a two-hundred day moving average of $174.69.

Philip Morris International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Thursday, June 25th were paid a $1.47 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $5.88 annualized dividend and a dividend yield of 3.1%. Philip Morris International’s payout ratio is currently 82.70%.

Analysts Set New Price Targets

A number of research firms recently commented on PM. Stifel Nicolaus dropped their target price on shares of 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 raised their target price 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. Needham & Company LLC restated a “buy” rating and issued a $200.00 price target on shares of Philip Morris International in a research report on Thursday, April 23rd. UBS Group upped their price target on Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a report on Thursday, July 2nd. Finally, Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $194.62.

Institutional Trading of Philip Morris International

A number of hedge funds have recently bought and sold shares of PM. Brighton Jones LLC boosted its position in Philip Morris International by 31.1% during the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock valued at $1,027,000 after purchasing an additional 2,023 shares during the last quarter. Sivia Capital Partners LLC grew its stake in Philip Morris International by 53.7% in the second quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock valued at $1,027,000 after purchasing an additional 1,970 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in Philip Morris International by 4.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock valued at $252,000 after purchasing an additional 91 shares in the last quarter. Miller Capital Partners Inc. acquired a new position in Philip Morris International in the 4th quarter worth about $121,000. Finally, Kemnay Advisory Services Inc. acquired a new position in Philip Morris International in the 4th quarter worth about $99,000. 78.63% of the stock is owned by hedge funds and other institutional investors.

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.