Philip Morris International Sees U.S. Q4 Adjusted Operating Income Near Zero
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Philip Morris International expects U.S. adjusted operating income to be around zero or slightly negative in the fourth quarter as it increases ZYN spending and moves to 20-pouch cans, a change also expected to weigh on net revenue. The U.S. outlook concerns adjusted operating income, not the company’s overall profit. Separately, Philip Morris International forecasts full-year 2026 adjusted earnings per share of $8.29 to $8.44 at prevailing exchange rates. The two figures cover different measures and periods: one is a fourth-quarter U.S. outlook, while the other is an annual EPS forecast. The company attributes the expected U.S.
Source: TokenPost
