Stamford, Connecticut-based Philip Morris International Inc. (PM), with a market capitalization of approximately $302 billion, is a global consumer goods company that manufactures and sells cigarettes and smoke-free nicotine products. Operating in about 170 markets, the company is transforming its business by developing science-backed smoke-free alternatives while gradually reducing its reliance on traditional cigarettes.
PM is set to report its Q3 earnings on Tuesday, October 20, 2026, before the market opens. Ahead of the release, analysts expect the company to report diluted EPS of $2.33, up 4% from $2.24 in the year-ago quarter. Moreover, PM has exceeded Wall Street’s EPS estimates in each of the past four quarters, which is admirable.
