Reynolds American (RAI) Misses Q3 EPS by 4c; Tightens FY EPS Range

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Go back to Reynolds American (RAI) Misses Q3 EPS by 4c; Tightens FY EPS Range

Strong premium brand performance drives RAI's 3Q16 earnings growth; Company tightens full-year earnings guidance

October 19, 2016 7:00 AM EDT

WINSTON-SALEM, N.C., Oct. 19, 2016 /PRNewswire/ --

Reported EPS:  Third quarter at $0.60, up 30.4 percent from prior-year quarter; nine months at $3.65, up 49.0 percent from prior-year period Adjusted EPS:  Third quarter at $0.61, up 10.9 percent from prior-year quarter; nine months at $1.69, up 12.7 percent from prior-year period Reflects the impact of adjustments as detailed in Schedule 2 RAI tightens 2016 guidance to adjusted EPS range of $2.27 to $2.33, up 14.6 percent to 17.7 percent from 2015* All reportable business segments deliver strong performance Newport retail... More