Philip Morris Posts $11.4B in Q3 Revenue
PM sits 39% above its 52-week low of $142.11.
Summary
Philip Morris reported third-quarter revenue of $11.4B, up from $11.19B in Q2, and third-quarter EPS of $2.12. The top line lands above the prior quarter, but the headline carries no comparison to consensus and no update to the 2026 adjusted EPS guidance of $8.35-$8.50 set on September 8th. That guidance raise was driven by favorable currency, so the currency tailwind and any volume or pricing detail in the full release are the swing factors. The company also lifted its quarterly dividend 8.8% to $1.60 per share on September 18th, payable October 26th.
At the time of this announcement, PM was trading at $198.00 on NYSE in the Manufacturing sector, with a market capitalization of approximately $311.6B. The 52-week trading range was $142.11 to $210.45. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.