22nd Century Group Inc expected to post a loss of 56 cents a share - Earnings Preview

22nd Century

26/03/2024 10:02

* 22nd Century Group Inc  XXII.OQ   XXII.O  is expected
to show a
fall in quarterly revenue when it reports  results on March 28
for the period ending December 31 2023
    * The Williamsville New York-based  company is expected to
report
a 10.9% decrease in revenue to $17.106 million from $19.21
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for 22nd Century Group Inc
is for
a loss of 56 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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 $24.17​, above​ its last closing price of $0.13.
​​​

This summary was machine generated March 26 at 10:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)