22nd Century Group Inc expected to post a loss of 6  cents a share - Earnings Preview

22nd Century

03/05/2022 11:16

* 22nd Century Group Inc  XXII.OQ   XXII.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 5. 
    * The Williamsville New York-based  company is expected to
report 
a 38.8% increase in revenue to $9.447 million from $6.81 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for 22nd Century Group
Inc is
for a loss of 6 cents per share. For the same quarter last year,
the company reported a loss of 3 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 22.2%
in the last three months. ​
    * Wall Street's median 12-month price target for 22nd
Century
Group Inc is $6​, above​ its last closing price of $1.95. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.05       -0.05      -0.09     Missed  -63.6
 Sep. 30 2021  -0.04       -0.04      -0.06     Missed  -50
 Jun. 30 2021  -0.03       -0.03      -0.03     Met     0​
 Mar. 31 2021  -0.03       -0.03      -0.03     Met     0
 ​​Dec.                    -0.03      -0.05     Missed  -66.7
 31 2020                                                
 Sep. 30 2020  -0.04       -0.04      -0.03     Beat    25​
 Jun. 30 2020  -0.04       -0.04      -0.04     Met     0
 This summary was machine generated May 3 at 10:15 GMT.  All
figures in US dollars  unless otherwise stated