8/102 sources · 2 publishersUpdated Oct 23, 14:58 UTC
Philip Morris International reports Q3 earnings with higher adjusted EPS and dividend increase
Philip Morris International posted third‑quarter 2026 results showing adjusted earnings per share of $2.36, a 5.4% rise, while net revenues reached $11.4 billion, up 5.5%. The company’s reported GAAP EPS fell to $2.12, down 4.9% because of a non‑cash adjustment. It also lifted its quarterly dividend by 8.8% to $1.60 per share. The stock climbed 5.6% to $197.20 on the earnings release day.
Why it matters
The dividend hike may boost income‑focused investors’ appeal, while the adjusted EPS growth signals improving profitability despite the GAAP decline.
Key facts
- 1Adjusted EPS was $2.36, up 5.4%. tradingview.com
- 2Net revenues were $11.4 billion, up 5.5%. tradingview.com
- 3Quarterly dividend increased to $1.60, up 8.8%. tradingview.com
- 4Reported GAAP EPS was $2.12, down 4.9%. tradingview.com
- 5Shares rose 5.6% to $197.20 on earnings day. 247wallst.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.