Veytics Intelligence
2026-10-21 · Yahoo

Philip Morris beats estimates but shares slip on cost pressures

Investing.com -- Philip Morris International Inc.'s (NYSE: PM) third-quarter results were posted before the open today, with the company topping consensus expectations. However, shares are down around 2.5% premarket. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » Adjusted earnings per share of $2.36 surpassed the analyst estimate of $2.30, while revenue of $11.4 billion exceeded the consensus of $11.32 billion. Revenue increased 5.5% from the prior-year quarter, driven by growth in both smoke-free and combustible products. The company maintained its full-year adjusted EPS forecast range of $8.29 to $8.44, representing growth of 9.9% to 11.

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