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Philip Morris (PM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended March 2026, Philip Morris (PM - Free Report) reported revenue of $10.15 billion, up 9.1% over the same period last year. EPS came in at $1.96, compared to $1.69 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $9.83 billion, representing a surprise of +3.26%. The company delivered an EPS surprise of +7.7%, with the consensus EPS estimate being $1.82.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Philip Morris performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Shipment Volume - Smoke-Free - Total: 47 billion compared to the 44.15 billion average estimate based on two analysts.
Shipment Volume - Cigarettes and HTUs - Heated Tobacco Units: 41.3 billion versus the two-analyst average estimate of 38.38 billion.
Shipment Volume - E-Vapor - total: 1.2 billion versus the two-analyst average estimate of 1.06 billion.
Shipment Volume - Oral Smoke-Free Products - Total: 4.5 billion compared to the 4.72 billion average estimate based on two analysts.
Net revenues- International Combustibles: $5.69 billion versus $5.49 billion estimated by two analysts on average.
Net revenues- U.S.: $622 million versus the two-analyst average estimate of $656.37 million.
Net revenues- International Smoke-Free: $3.84 billion compared to the $3.46 billion average estimate based on two analysts.
Shares of Philip Morris have returned -6.5% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Philip Morris (PM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended March 2026, Philip Morris (PM - Free Report) reported revenue of $10.15 billion, up 9.1% over the same period last year. EPS came in at $1.96, compared to $1.69 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $9.83 billion, representing a surprise of +3.26%. The company delivered an EPS surprise of +7.7%, with the consensus EPS estimate being $1.82.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Philip Morris performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Philip Morris here>>>
Shares of Philip Morris have returned -6.5% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.