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

22nd Century

14/08/2023 12:02

* 22nd Century Group Inc  XXII.OQ  reported a quarterly
adjusted
loss of $20.99​​ per share for the quarter ended in June. The
mean expectation of five analysts for the quarter was for a loss
of $1.06 per share.
    * Revenue rose 61.8% to $23.43 million from a year ago;
analysts
expected $24.01 million. 
    * 22nd Century Group Inc's reported EPS for the quarter was
a loss
of $20.99​.
    * The mean earnings estimate of analysts had fallen by
about 0.8%
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 52.1% this
quarter and lost 80.1% so far this year.
    * The company reported a quarterly loss of $20.91 million.
    * Wall Street's median 12-month price target for 22nd
Century
Group Inc is $45.00 
    * 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
August 14 at 11:02 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -1.06          -20.99         Missed
 Mar. 31 2023      -1.12          -1.20          Missed
 Dec. 31 2022      -0.90          -1.80          Missed
 Sep. 30 2022      -0.90          -0.90          Met