22nd Century Group Inc reports results for the quarter ended in December - Earnings Summary

22nd Century

09/03/2023 12:01

* 22nd Century Group Inc  XXII.OQ  reported a quarterly
adjusted
loss of 12 cents​​ per share for the quarter ended in December.
The mean expectation of four analysts for the quarter was for a
loss of 6 cents per share.
    * Revenue rose 141.3% to $19.21 million from a year ago;
analysts
expected $20.09 million. 
    * 22nd Century Group Inc's reported EPS for the quarter was
a loss
of 12 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * 22nd Century Group Inc shares had fallen by 5.3% this
quarter.
    * The company reported a quarterly loss of $26.28 million.
    * Wall Street's median 12-month price target for 22nd
Century
Group Inc is $5.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 12:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.06          -0.12          Missed
 Sep. 30 2022      -0.06          -0.06          Met
 Jun. 30 2022      -0.06          -0.05          Beat
 Mar. 31 2022      -0.06          -0.05          Beat