Thursday, Reynolds American Inc. (RAI) reported fourth-quarter net income of $215 million or $0.74 per share, compared to $258 million or $0.88 per share in the same quarter last year.
On an adjusted basis, net income was $321 million or $1.10 per share, compared to $370 million or $1.27 per share in the year ago quarter.
On average, 10 analysts polled by Thomson Reuters expected the company to earn $1.16 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales for the quarter declined 3.7% to $2.10 billion from $2.18 billion in the comparable quarter last year. Analysts expected the company to report revenue of $2.07 billion for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.