Veytics Intelligence
2026-10-22 · Yahoo

Philip Morris Reports Q3 Earnings: ETFs in Focus

Philip Morris International PM posted third-quarter 2026 results on Oct. 21, with both top and bottom lines beating the Zacks Consensus Estimate and rising year over year. PM has a Zacks Rank #3 (Hold) and a Momentum Score of A. Philip Morris has gained about 23% year to date and approximately 13% since the start of the second half of 2026. However, PM shares initially fell 4.8% following the earnings release amid concerns over rising costs stemming from escalating conflicts in the Middle East and Ukraine, but later rebounded about 3.8% during the same trading session. Q3 Performance Snapchat PM posted quarterly adjusted earnings of $2.36 per share, which increased 5.4% year over year and beat the Zacks Consensus Estimate of $2.30 by 2.61%.

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