22nd Century Group Inc expected to post a loss of 92 cents a share - Earnings Preview

22nd Century

03/11/2023 13:05

* 22nd Century Group Inc  XXII.OQ   XXII.O  is expected
to show a
fall in quarterly revenue when it reports  results 
    * The Williamsville New York-based  company is expected to
report 
a 3.4% decrease in revenue to $18.717 million from $19.38
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for 22nd Century Group
Inc is
for a loss of 92 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $0.47.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -1.07       -1.06      -1.40     Missed  -32.3
 Mar. 31 2023  -1.13       -1.12      -1.20     Missed  -6.7
 Dec. 31 2022  -0.90       -0.90      -1.80     Missed  -100​
 Sep. 30 2022  -0.75       -0.90      -0.90     Met     0
 ​​Jun.        -0.85       -0.87      -0.75     Beat    13.8
 30 2022                                                
 Mar. 31 2022  -0.98       -0.85      -0.75     Beat    11.8​
 Dec. 31 2021  -0.80       -0.82      -1.35     Missed  -63.6
 Sep. 30 2021  -0.60       -0.60      -0.90     Missed  -50
 This summary was machine generated November 3 at 13:05 GMT.  All
figures in US dollars  unless otherwise stated