Philip Morris International ( PM) 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 Thomson Reuters 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.

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