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Reynolds American (RAI) Tops Q3 EPS by 4c

October 21, 2014 7:04 AM EDT

Reynolds American (NYSE: RAI) reported Q3 EPS of $0.95, $0.04 better than the analyst estimate of $0.91. Revenue for the quarter came in at $2.24 billion versus the consensus estimate of $2.2 billion.

Reynolds American reaffirmed FY2014 guidance.

Im very pleased to report another strong performance by our operating companies, which drove Reynolds Americans earnings and margin higher in the third quarter, said Susan M. Cameron, president and chief executive officer of RAI. All of our reportable business segments increased both profit and margin during the quarter, while they continued to enhance their powerful key brands.

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