Lorillard, Inc. Reports First Quarter Results

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Lorillard (LO) Tops Q1 EPS by 5c

April 17, 2015 12:18 PM EDT

Lorillard (NYSE: LO) reported Q1 EPS of $0.82, $0.05 better than the analyst estimate of $0.77. Revenue for the quarter came in at $1.67 billion versus the consensus estimate of $1.18 billion.

During the first quarter, Lorillard continued its strong momentum from 2014 by once again delivering industry-leading cigarette operating profit growth and record high retail... More