Philip Morris Q2 Earnings Coming Up: What Should Investors Expect?
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Philip Morris International Inc. PM is likely to witness top and bottom-line growth when it reports second-quarter 2026 results on July 22. The Zacks Consensus Estimate for revenues is pegged at $10.56 billion, indicating an increase of 4.1% from the prior-year quarter's reported figure. The consensus mark for earnings has risen by a penny over the past 30 days to $2.04 a share, which suggests a jump of 6.8% from the figure reported in the year-ago period. PM has a trailing four-quarter surprise of 4.9%, on average. Philip Morris International Inc. price-consensus-eps-surprise-chart | Philip Morris International Inc. Quote The company's accelerating smoke-free transformation is expected to have remained a key growth driver in the second quarter. Continued momentum in IQOS, supported by wider consumer adoption, market-share gains and ongoing innovation, is likely to have aided revenues. Growing contributions from VEEV and ZYN outside the United States may have also supported a favorable product mix. Management expects another strong quarter from the international business, though IQOS in-market sales growth in Japan is anticipated to have moderated temporarily following excise-driven pricing actions. Philip Morris is also likely to have benefited from sustained pricing power across smoke-free products and combustible cigarettes. Premium brand strength, disciplined cost...
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