NYSE:PMTobacco
The Bull Case For Philip Morris International (PM) Could Change Following 2026 EPS Cut And RBH Impairment
Earlier this week, Philip Morris International cut its 2026 full-year reported diluted EPS guidance to US$7.18–US$7.33, citing currency pressures and an expected US$500.00 million non-cash impairment related to Canadian affiliate Rothmans, Benson & Hedges.
While this impairment weighs on reported earnings, management continues to highlight smoke-free products like IQOS and ZYN as the primary drivers of the company’s underlying performance.
We’ll now examine how the RBH impairment and updated...