Reynolds American (RAI) Reports Mixed Q3 Earnings; Raises FY09 Outlook
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- Reynolds American (RAI) Reports Mixed Q3 Earnings; Raises FY09 Outlook
Reynolds American Inc. (NYSE: RAI) reports Q3 EPS of $1.24, 6 cents better than the analyst estimate of $1.18. Revenue for the quarter was $2.15 billion, which compares to the estimate of $2.19 billion.
Raises and narrows its FY09 adj-EPS guidance from $4.40-$4.60 to $4.60-$4.70, versus the consensus of $4.59.
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