22nd Century Group Inc expected to post a loss of 7 cents a share - Earnings Preview

22nd Century

05/05/2023 11:02

* 22nd Century Group Inc  XXII.OQ   XXII.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 9. 
    * The Williamsville New York-based  company is expected to
report 
a 121.4% increase in revenue to $20.028 million from $9.05
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for 22nd Century Group
Inc is
for a loss of 7 cents 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 $5​, above​ its last closing price of $0.73. ​​​

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 2022  -0.06       -0.06      -0.12     Missed  -100
 Sep. 30 2022  -0.05       -0.06      -0.06     Met     0
 Jun. 30 2022  -0.06       -0.06      -0.05     Beat    13.8​
 Mar. 31 2022  -0.07       -0.06      -0.05     Beat    11.8
 ​​Dec.        -0.05       -0.05      -0.09     Missed  -63.6
 31 2021                                                
 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
 This summary was machine generated May 5 at 10:02 GMT.  All
figures in US dollars  unless otherwise stated