Stamford, Connecticut-based Philip Morris International Inc. (PM) operates as a tobacco company and offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products under the IQOS, VEEV, and ZYN brands, and more. The company has a market cap of $281.7 billion and is expected to release its Q2 2026 earnings on Wednesday, July 22, before the market opens.
Ahead of the event, analysts expect the company’s EPS to be $2.03 on a diluted basis, up 6.3% from $1.91 in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in each of its last four quarters.