Philip Morris International Inc. · PM · Next earnings

Philip Morris International Inc. reports Friday, Feb 5, 2027

PM reports before market open with consensus EPS at $1.85 and revenue at $10.86B. Last quarter: Philip Morris: Smoke-Free Growth Holds, Costs and Taxes Weigh

Reports Before market open92 days awayDate estimated Consumer Defensive

What the street expects

Consensus for the coming report
Consensus EPS $1.85 Calendar consensus
Consensus revenue $10.86B Calendar consensus
Report date Feb 5, 2027 Friday, date estimated
Session Before market open 92 days away

Where PM left off: FY2026 Q3

Full report

Philip Morris: Smoke-Free Growth Holds, Costs and Taxes Weigh

EPS surprise +2.6% Reported $2.36 vs $2.30
Revenue surprise +1.1% Reported $11.44B vs $11.32B
Stock move -1.2% Event window
Subsequent drift 0.0% Up to 20 sessions

Full-year adjusted operating income and EPS guidance was maintained, with management pointing to the mid-to-lower half of the previously provided range.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Geopolitical tensions and higher energy or input costs may pressure earnings.
  • Excise-tax increases and Poland's flavor ban may affect smoke-free pricing and volume.
  • The U.S. ZYN pack transition and IQOS inventory mismatch could pressure near-term results.

Questions analysts left open

  • Higher U.S. commercial spending may weigh on FY EPS and EBIT.
  • Q4 inflationary pressures, inventory levels, and the IQOS shipment-to-IMS gap remain watch items.
  • Tax increases in Germany and Japan, plus Poland's flavor ban, could affect volume and pricing.

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Recent PM quarters

All PM earnings
-1.2%FY2026 Q3+3.3%FY2026 Q2+7.0%FY2026 Q1+0.4%FY2025 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.