Shares of Philip Morris Worldwide Inc. (NYSE: PM) rose 1% on Friday. The inventory has dropped 9% prior to now three months. The tobacco large is slated to report its earnings outcomes for the primary quarter of 2026 on Wednesday, April 22, earlier than market open. Right here’s a take a look at what to anticipate from the earnings report:
Income
Analysts are projecting income of $9.85 billion for Philip Morris within the first quarter of 2026, which signifies a progress of practically 6% from the identical interval a 12 months in the past. Within the fourth quarter of 2025, revenues elevated 6.8% year-over-year to $10.4 billion.
Earnings
The consensus estimate for earnings per share in Q1 2026 is $1.83, which suggests a rise of 8% from the prior-year quarter. In This autumn 2025, adjusted EPS elevated 9.7% YoY to $1.70.
Factors to notice
Philip Morris is predicted to learn from continued traction in its smoke-free enterprise, which accounted for 41.5% of whole revenues in fiscal 12 months 2025. In This autumn, the smoke-free enterprise noticed a 12% progress in each revenues and gross revenue. The corporate’s smoke-free merchandise are actually out there in 106 markets.
Inside the smoke-free enterprise, IQOS and ZYN proceed to steer the momentum within the heat-not-burn and nicotine pouch classes. IQOS is now out there in 79 markets and continues to develop into new areas. In This autumn, ZYN’s cargo quantity elevated 19% within the US. This pattern is more likely to have continued within the to-be-reported quarter.
The combustibles enterprise has remained comparatively resilient. In This autumn, revenues grew 3.2%, helped by greater pricing. Cigarettes cargo quantity declined 2.2% final quarter. PM expects combustibles volumes to say no by as much as 5% in Q1, because it laps prior-year quarter quantity progress.
