Cigarette manufacturer Reynolds American Inc. reported fourth-quarter earnings that beat expectations and rose more than 200 percent, according to a filing with the Securities and Exchange Commission.

Reynolds American, which makes Camel and Pall Mall, reported earnings of $851 million, or 62 cents, beating expectations of 60 cents per share, according to a Form 8K.

Revenue for the quarter rose 4.3 percent to $3.19 billion, slightly above Wall Street expectations.

“I’m pleased to report that Reynolds American concluded another milestone year with strong growth in fourth-quarter earnings and margin,” said Debra A. Crew, president and chief executive officer, in a statement.

“Our companies’ continued delivery of excellent operating performance, including the impact of Newport’s successful integration, allowed us to accelerate returns to our shareholders in 2016.”

Reynolds American is the parent company of R.J. Reynolds Tobacco Co., Santa Fe Natural Tobacco Co., American Snuff Co., Niconovum USA, Niconovum AB and R.J. Reynolds Vapor Co.

Reynolds American closed at $60.57 Friday, up 3 cents.

Last month, British American Tobacco agreed to purchase the 57 percent stake in Reynolds American that it doesn’t already own for $49 billion.