Philip Morris Reaffirms 2026 Earnings Outlook

Consumer goods giant forecasts strong growth despite currency headwinds.

Published on Feb. 21, 2026

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Ahead of its investor presentation at the 2026 Consumer Analyst Group of New York (CAGNY) Conference, Philip Morris International (PM) has reaffirmed its full-year 2026 guidance for earnings per share in the range of $7.87 to $8.02, and adjusted earnings per share between $8.38 and $8.53.

Why it matters

Philip Morris' reaffirmation of its 2026 earnings outlook provides reassurance to investors about the company's ability to deliver strong financial performance despite potential currency fluctuations. As a global consumer goods leader, Philip Morris' guidance is seen as an important indicator of broader economic trends.

The details

Excluding a favorable currency impact of $0.27 per share, Philip Morris expects its adjusted earnings to grow 7.5% to 9.5% to a range of $8.11 to $8.26 per share. The company will provide more details on its growth strategy and outlook during its investor presentation at the CAGNY conference later on Wednesday.

  • Philip Morris reaffirmed its 2026 guidance ahead of its investor presentation on February 18, 2026.

The players

Philip Morris International, Inc.

A leading global tobacco company that sells cigarette and smoke-free products in over 180 markets worldwide.

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The takeaway

Philip Morris' reaffirmation of its 2026 earnings outlook suggests the company remains confident in its ability to deliver strong financial performance despite potential macroeconomic headwinds, underscoring its status as a resilient global consumer goods leader.