PM · 8-K · 20260908PR060822

Guidance / Outlook

Philip Morris International Inc. · 2026-09-08 · Importance 61 · Surprise 76 · In source text

Philip Morris International raised its 2026 adjusted diluted EPS forecast to $8.35-$8.50, representing 10.7%-12.7% growth from reported 2025 diluted EPS of $7.26. The forecast includes a favorable $0.24 currency impact, resulting in adjusted diluted EPS excluding currency of $8.11-$8.26, or 7.5%-9.5% growth. PMI forecast third-quarter 2026 adjusted diluted EPS of $2.29-$2.34, including a $0.01 favorable currency impact. The 2026 EPS framework includes per-share adjustments for a $0.10 Germany excise-tax classification litigation charge, $0.09 of Wellness business equity-investment impairment, $0.06 of losses on expected sales of consumer accessories and other businesses, and $0.03 of goodwill impairment.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
net_incomepositivecommitted—Philip Morris International Inc. is raising 2026 adjusted diluted EPS forecast for currency only to $8.35 - $8.50, or 10.7% to 12.7% growth.
net_incomepositivecommitted—Philip Morris International Inc. includes Q3 adjusted diluted EPS forecast of $2.29 to $2.34.
net_incomepositivecommitted—Philip Morris International Inc. reports 2025 reported diluted EPS of $7.26 and 2026 reported diluted EPS forecast of $7.28 – $7.43.
net_incomepositivecommitted—Philip Morris International Inc. reports adjusted diluted EPS excluding currency for 2026 of $8.11 – $8.26.