Reynolds American Inc Earnings Advance 12% In Q3




19.10.16 13:20
dpa-AFX


WASHINGTON (dpa-AFX) - Reynolds American Inc (RAI) announced a profit for its third quarter that increased from last year.


The company said its bottom line came in at $875 million, or $0.61 per share. This was up from $781 million, or $0.55 per share, in last year's third quarter.


Analysts had expected the company to earn $0.65 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.


The company said revenue for the quarter rose 1.6% to $3.21 billion. This was up from $3.16 billion last year.


Reynolds American Inc earnings at a glance:


-Earnings (Q3): $875 Mln. vs. $781 Mln. last year. -Earnings Growth (Y-o-Y): 12.0% -EPS (Q3): $0.61 vs. $0.55 last year. -EPS Growth (Y-o-Y): 10.9% -Analysts Estimate: $0.65 -Revenue (Q3): $3.21 Bln vs. $3.16 Bln last year. -Revenue Change (Y-o-Y): 1.6%


-Guidance: Full year EPS guidance: $2.27 - $2.33


Copyright RTT News/dpa-AFX



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