Cigarette maker Reynolds American's fourth-quarter profit shot up 89 percent compared to the final quarter of 2014, when earnings fell due to pension charges and other costs.

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The parent of Camel and Pall Mall cigarette maker R.J. Reynolds earned $279 million in the three months that ended Dec. 31.

That's up from $148 million in the previous year's quarter.

Results adjusted for one-time items totaled 48 cents per share in the most recent quarter, and revenue jumped 43 percent to $3.05 billion

FactSet says analysts expected, on average, earnings of 50 cents per share on $3.05 billion in revenue from the Winston Salem, North Carolina-based company.

Reynolds American Inc. expects 2016 adjusted earnings to range between $2.25 and $2.35 per share. Analysts are looking for $2.33 per share.

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