Philip Morris International
said third-quarter earnings rose to $2.1 billion, or $1.01 a share, from $1.7 billion, or 82 cents a share, a year earlier as gains in organic volume and revenue boosted profits.
Excluding items, per-share earnings in the quarter were 93 cents, compared with pro forma earnings a year earlier of 78 cents.
Analysts surveyed by
estimated Philip Morris, the maker of Marlboro cigarettes, to earn 90 cents a share.
Net revenue in the quarter rose 17.5% to $7 billion. Cigarette shipment volume in the quarter rose 4% to 225.9 billion units.
The company reaffirmed its forecast for 2008 adjusted earnings of $3.32 to $3.38 a share.