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Philip Morris (PM)
NYSE:PM
Earnings Data
Report Date
Oct 21, 2025Before Open (Confirmed)
Period Ending
2025 (Q3)Consensus EPS Forecast
2.11Last Year’s EPS
1.91Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call for Philip Morris International was generally positive, highlighting strong growth in smoke-free products, particularly IQOS and ZYN, and improved profitability metrics. However, challenges remain with declining cigarette volumes and regulatory uncertainties in Europe. Currency impacts have also slightly dampened financial outcomes.Company Guidance -
Q3 2025
Strong Smoke-Free Product Growth
Philip Morris reported $4 billion in net revenues from their smoke-free portfolio, with double-digit adjusted diluted EPS growth in both constant currency and dollar terms. IQOS, ZYN, and VEEV showed strong performance, with IQOS in-market sales growth accelerating to 11.4% in Q2 and 26% US consumer offtake growth in Q2.
Increased Revenue and Earnings
The company achieved over $10 billion in quarterly net revenues for the first time, with organic net revenues growing by more than 8% excluding the Indonesia impact. Adjusted operating income grew by 14.9% organically, with a 20% increase in adjusted diluted EPS.
ZYN's Strong Performance in the US
ZYN's US offtake growth reaccelerated to 36% in June after resolving supply constraints, marking a return to its category-driving position. The company plans to continue its growth trajectory with increased production capacity.
Margin Expansion
There was a 300 basis points organic gross margin expansion in H1, driven by smoke-free growth contributing 190 basis points. This reflects significant profitability increases in smoke-free categories.
Positive Outlook and Updated Guidance
Philip Morris raised their adjusted diluted EPS forecast for the full year to 13% to 15% growth in dollar terms, reflecting strong smoke-free product momentum and improved tax rates.
PM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jul 22, 2025 | $180.48 | $165.27 | -8.43% |
Apr 23, 2025 | $162.88 | $166.85 | +2.44% |
Feb 06, 2025 | $128.86 | $142.97 | +10.95% |
Oct 22, 2024 | $115.75 | $127.87 | +10.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Philip Morris (PM) report earnings?
Philip Morris (PM) is schdueled to report earning on Oct 21, 2025, Before Open (Confirmed).
What is Philip Morris (PM) earnings time?
Philip Morris (PM) earnings time is at Oct 21, 2025, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PM EPS forecast?
PM EPS forecast for the fiscal quarter 2025 (Q3) is 2.11.
