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Consumer staples companies have tended to hold their earnings lines through the current rate cycle, and Philip Morris International is now adding to that pattern with upward revisions for both the near term and the year as a whole.
The company lifted its third-quarter 2026 adjusted earnings-per-share guidance to $2.29 to $2.34, from a prior forecast of $2.20 to $2.25.
The full-year 2026 adjusted EPS outlook moved to $8.35 to $8.50, from an earlier projection of $8.26 to $8.41. The Q3 revision is the more decisive of the two.
The new floor of $2.29 sits above the prior ceiling of $2.25, placing the entire updated range above the old one.
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