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

22nd Century

09/08/2022 12:00

* 22nd Century Group Inc  XXII.OQ  reported a quarterly
adjusted
loss of 5 cents​​ per share for the quarter ended in June. The
mean expectation of five analysts for the quarter was for a loss
of 6 cents per share.
    * Revenue rose 72.9% to $14.48 million from a year ago;
analysts
expected $10.71 million. 
    * 22nd Century Group Inc's reported EPS for the quarter was
a loss
of 6 cents​.
    * The mean earnings estimate of analysts had risen by
about 3.3%
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 3.8% this
quarter and lost 33.7% so far this year.
    * The company reported a quarterly loss of $11.5 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 Refinitiv data August 9
at 11:00 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.06          -0.05          Beat
 Mar. 31 2022      -0.06          -0.05          Beat
 Dec. 31 2021      -0.05          -0.09          Missed
 Sep. 30 2021      -0.04          -0.06          Missed