What is Philip Morris International's expected EPS for Q3 2026?

Analysts expect Philip Morris International (PM) to report consensus EPS of approximately $2.25 for Q3 2026. Estimates range from $2.23 to $2.31.

What revenue do analysts expect for Philip Morris International in Q3 2026?

The consensus revenue forecast for Philip Morris International (PM) in Q3 2026 is approximately $11.2B. Forecasts range from $10.8B to $11.4B.

How many analysts cover Philip Morris International?

8 analysts contribute to the Philip Morris International (PM) Q3 2026 consensus estimate.

Has Philip Morris International beaten earnings estimates recently?

Philip Morris International beat analyst EPS estimates in 2 of the last 2 quarters. Philip Morris International beat revenue estimates in 1 of 2. In the most recent quarter (Q2 2026), Philip Morris International EPS beat by 7.3% and revenue beat by 5.6%.

When does Philip Morris International report Q3 2026 earnings?

Philip Morris International (PM) is expected to report Q3 2026 earnings on October 21, 2026 before market open.

PM Q3 2026 earnings estimate

Consensus EPS · Q3 2026

$2.25

Consensus revenue · Q3 2026

$11.2B

Analysts

Expected report

Oct 21, 2026

Before open

Upcoming earnings

Locks in 85 days 16 hours · BMO: Locks 8:00 PM ET previous day

Revenue$11.2B$10.8B – $11.4B

EPS$2.25$2.23 – $2.31

What to watch

Analyst ratings: Mixed

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Analyst consensus

Based on estimates from 8 analysts.

Metric	Low	Consensus	High
Revenue	$10.8B	$11.2B	$11.4B
EPS	$2.23	$2.25	$2.31
EBITDA	$4.6B	$4.7B	$4.9B
EBIT	$4.2B	$4.3B	$4.4B
Net income	$3.5B	$3.6B	$3.8B

Revenue$11.2B
EPS$2.25
EBITDA$4.7B
EBIT$4.3B
Net income$3.6B

Historical beat/miss

Actual reported results vs. analyst consensus at the time. Positive = beat, negative = miss.

Period	Rev. actual	Rev. est.	Rev. surprise	EPS actual	EPS est.	EPS surprise
Q2 2026	$11.2B	$10.6B	+5.6%	$2.20	$2.05	+7.3%
Q4 2025	$10.4B	$10.4B	-0.2%	$1.70	$1.70	0.0%

Q2 2026+5.6%+7.3%
Q4 2025-0.2%0.0%

Estimate revisions

How analyst consensus estimates have changed over the past 90 days.

Collecting data

Revision trends appear once we have collected at least two daily snapshots for this period.

Community vs analysts

See how the TickerLeague crowd's forecast stacks up against Wall Street.

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No community consensus for Philip Morris International (PM) Q3 2026 yet. Make a prediction to start the crowd forecast.

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Analyst price target

Based on price targets from 6 analysts.

Low: $182.00
Consensus: $207.17
Median: $210.00
High: $221.00
Current: $193.00
Upside: +7.3%

Upside calculated vs most recent trading price of $193.00.

Analyst ratings

Consensus: Buy — based on 25 analyst ratings.

Buy 17Hold 7Sell 1

24-month trend

Recent analyst actions

Date	Firm	Action	From	To
Jul 23, 2026	Stifel	maintain	Buy	Buy
Jul 23, 2026	Needham	maintain	Buy	Buy
Jul 23, 2026	Morgan Stanley	maintain	Overweight	Overweight
Jul 2, 2026	UBS	maintain	Neutral	Neutral
Jun 3, 2026	Morgan Stanley	maintain	Overweight	Overweight
Apr 23, 2026	Needham	maintain	Buy	Buy
Apr 17, 2026	UBS	maintain	Neutral	Neutral
Apr 17, 2026	Morgan Stanley	maintain	Overweight	Overweight
Apr 13, 2026	Needham	maintain	Buy	Buy
Apr 10, 2026	Stifel	maintain	Buy	Buy

Jul 23, 2026StifelBuy
Jul 23, 2026NeedhamBuy
Jul 23, 2026Morgan StanleyOverweight
Jul 2, 2026UBSNeutral
Jun 3, 2026Morgan StanleyOverweight
Apr 23, 2026NeedhamBuy
Apr 17, 2026UBSNeutral
Apr 17, 2026Morgan StanleyOverweight
Apr 13, 2026NeedhamBuy
Apr 10, 2026StifelBuy

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