Philip Morris Non-GAAP EPS of $2.36 beats by $0.04, revenue of $11.44B beats by $100M

* Philip Morris press release [https://seekingalpha.com/pr/20693940-philip-morris-international-reports-2026-third-quarter-and-first-nine-months-results-and] (PM [https://seekingalpha.com/symbol/PM]): Q3 Non-GAAP EPS of $2.36 beats by $0.04. * Revenue of $11.44B (+5.4% Y/Y) beats by $100M. * Net revenues increased by 5.5% (7.1% organically) to $11.4 billion, with growth across both smoke-free (up by 4.1%, 6.3% organically) and combustibles (up by 6.4%, 7.7% organically). Our smoke-free business accounted for more than 40% of total net revenues in the third quarter, and around 42% on a year-to-date basis, with more than 30 markets above 50%. PMI smoke-free products are now available in 110 markets. * Shipments increased by 0.