22nd Century Group Inc expected to post a loss of $1.06 a share - Earnings Preview

22nd Century

04/08/2023 11:02

* 22nd Century Group Inc  XXII.OQ   XXII.O  is expected
to show a
rise in quarterly revenue when it reports  results on August 7
(estimated). 
    * The Williamsville New York-based  company is expected to
report 
a 65.9% increase in revenue to $24.012 million from $14.48
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for 22nd Century Group
Inc is
for a loss of $1.06 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for 22nd
Century
Group Inc is $45​, above​ its last closing price of $3.13. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -1.13       -1.12      -1.20     Missed  -6.7
 Dec. 31 2023  -0.90       -0.90      -1.80     Missed  -100
 Sep. 30 2022  -0.75       -0.90      -0.90     Met     0​
 Jun. 30 2022  -0.85       -0.87      -0.75     Beat    13.8
 ​​Mar.        -0.98       -0.85      -0.75     Beat    11.8
 31 2022                                                
 Dec. 31 2021  -0.80       -0.82      -1.35     Missed  -63.6​
 Sep. 30 2021  -0.60       -0.60      -0.90     Missed  -50
 Jun. 30 2021  -0.45       -0.45      -0.45     Met     0
 This summary was machine generated August 4 at 10:02 GMT.  All
figures in US dollars  unless otherwise stated