Reynolds American, Inc. (NYSE:RAI) has released its earnings report for the first quarter of 2015.

The first quarter earnings report for Reynolds American includes adjusted earnings per share of 86 cents. This is up roughly 19% from the 72 cents reported during the same time last year. Reported earnings per share were 73 cents, which is a 9% increase over the 67 cents reported in Q1 2014.

For the first quarter of 2015, Reynolds American reported net sales of $2.05 billion. This beat out its $1.93 billion reported the same time last year. It’s adjusted net income for Q1 2015 was $457 million, which is about 18% above the $386 million reported in Q1 2014.

Analysts were expecting Reynolds American to report adjusted earnings per share of 80 cents. The company was also expected to report net sales of $1.98 billion, reports MarketWatch.

RAI shares were largely unaffected by news that it beat analysts’ estimates.

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