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Actionable news in RAI: REYNOLDS AMERICAN Inc,

Reynolds American (RAI) Stock Down Following Q1 Results

NEW YORK (TheStreet) --Shares of Reynolds American (RAI - Get Report) are declining 0.74% to $48.05 on Tuesday morning following the release of its 2016 first quarter results.

Before today's opening bell, the Winston Salem, NC-based tobacco company posted adjusted earnings of 50 cents per share, in line with analysts' estimates.

Revenue surged 42% to $2.92 million year-over-year, but was slightly below analysts' expectations of $2.93 billion.

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