Reynolds American Narrows Adj. EPS Guidance; Announces $2.0 Bln Share Buyback

Reynolds American Inc. (RAI) narrowed its 2016 adjusted EPS guidance to a range of $2.26 to $2.34. In April, the company projected its adjusted earnings per share in a range of $2.25 to $2.35. Analysts polled by Thomson Reuters expect the company to report profit per share of $2.35. Analysts' estimates typically exclude special items.

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