Philip Morris Intl (PM) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Philip Morris Intl (PM) last issued guidance on July 22, 2026 for Q3 2026. The company guided earnings per share in the range of $2.2 - $2.25, compared to a consensus EPS estimate of $2.43.
Compared to prior guidance, Philip Morris Intl lowered its EPS outlook from a previous range of $8.26 - $8.41.
Philip Morris Intl has issued 36 guidance updates between February 9, 2023 and July 22, 2026. During this period, the company raised its outlook 7 times and lowered it 12 times, providing investors with insight into management's evolving expectations.
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $2.05 | $1.82 | $1.69 | $2.10 |
| Actual | $2.20 | $1.96 | $1.70 | $2.24 |
| Surprise | +7.32% | +7.69% | +0.59% | +6.67% |
| Revenue | ||||
| Estimate | $10.58B | $9.84B | $10.41B | $10.68B |
| Actual | $11.19B | $10.15B | $10.36B | $10.85B |
| Surprise | +5.75% | +3.09% | -0.50% | +1.59% |
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $2.25 | $1.95 | $2.10 | $2.38 |
| Revenue | ||||
| Consensus | $11.22B | $11.01B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 22, 2026 | $2.20 | $2.05 | 7.32 % |
| Q1 | Apr 22, 2026 | $1.96 | $1.82 | 7.69 % |
| Q4 | Feb 6, 2026 | $1.70 | $1.69 | 0.59 % |
| Q3 | Oct 21, 2025 | $2.24 | $2.10 | 6.67 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 22, 2026 | $11.19B | $10.58B | 5.75 % |
| Q1 | Apr 22, 2026 | $10.15B | $9.84B | 3.09 % |
| Q4 | Feb 6, 2026 | $10.36B | $10.41B | -0.50 % |
| Q3 | Oct 21, 2025 | $10.85B | $10.68B | 1.59 % |