Zacks Investment Research
Philip Morris Reports Q3 Earnings: ETFs in Focus
Philip Morris International (PM) reported Q3 2026 results beating both earnings and revenue estimates with year-over-year growth. The company's smoke-free product business now accounts for over 40% of revenues, with strong e-vapor shipment growth. However, PM shares initially fell 4.8% post-earnings due to concerns over rising energy costs and supply chain disruptions from Middle East and Ukraine conflicts, though they later rebounded 3.8%.
