PMI Lifts 2026 EPS Guidance to $8.35–$8.50 and Sets Q3 Forecast at $2.29–$2.34
PM sits 30% above its 52-week low of $142.11 on light trading volume (0.1× avg).
Summary
PMI raised 2026 adjusted EPS guidance to $8.35–$8.50 from $7.19–$7.34, citing favorable currency, and provided Q3 adjusted EPS guidance of $2.29–$2.34.
Key Events · Earnings and Guidance · PM
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Full-Year EPS Guidance Raised
2026 adjusted diluted EPS guidance raised to $8.35–$8.50, up from $7.19–$7.34 set in July, representing 10.7%–12.7% growth.
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Q3 EPS Forecast Provided
Q3 2026 adjusted diluted EPS forecast of $2.29–$2.34, including 1 cent favorable currency impact.
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Currency Drives Revision
The guidance increase is driven entirely by a more favorable currency environment, adding 24 cents to full-year EPS at prevailing exchange rates.
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IQOS Japan Pricing Confirmed
October pricing confirmed for IQOS in Japan, with consumer offtake recovery in line with expectations.
Analysis · PM · Manufacturing
A more favorable currency environment has driven Philip Morris International to raise its full-year adjusted EPS guidance to $8.35–$8.50, a sharp reversal from the $7.19–$7.34 range set in July. The company also provided a Q3 adjusted EPS forecast of $2.29–$2.34 and confirmed October pricing for IQOS in Japan. This guidance raise reverses the July cut that followed a $511M non-cash impairment on its Canadian affiliate RBH, and the new Q3 forecast gives investors a concrete near-term target.
How filings like this one have moved
In the 30 days to Sep 8, 2026, 30% of the 1942 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.04%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, PM was trading at $184.74 on NYSE in the Manufacturing sector, with a market capitalization of approximately $287.9B. The 52-week trading range was $142.11 to $207.76. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.