Lorillard Inc. (LO) reported fourth quarter adjusted net income of $2.20 per share Thursday morning, up from $1.74 per share in the prior year. The consensus estimate was for EPS of $1.95.
Lorillard gapped up sharply Thursday and has continued to rise in early trade. The stock is currently higher by 7.60 at $120.96. Lorillard has broken out past resistance this morning and has set a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.