Philip Morris Reports Strong Q2 Earnings and Revenue but Shares Decline Due to Weaker Guidance

Despite reporting record second-quarter earnings and revenue, Philip Morris shares fell due to weaker-than-expected third-quarter guidance. The company's smoke-free products continued driving growth.

By Fiona Craig Wed, July 22, 2026 at 3:51 PM GMT+3 2 min read · Yahoo Finance · July 22, 2026, 12:51 UTC

Tickers: $PM

Topics: revenue_growth stock_performance tobacco

Read the full article at Yahoo Finance

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