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

22nd Century

06/05/2022 23:01

* 22nd Century Group Inc  XXII.OQ  reported a quarterly
adjusted
loss of 5 cents​​ per share for the quarter ended in March. The
mean expectation of three analysts for the quarter was for a
loss of 6 cents per share.
    * Revenue rose 32.9% to $9.05 million from a year ago; 
analysts
expected $9.45 million. 
    * 22nd Century Group Inc's reported EPS for the quarter was
a loss
of 5 cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.3%
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 22.0% this
quarter and lost 41.4% so far this year.
    * The company reported a quarterly loss of $8.92 million.
    * Wall Street's median 12-month price target for 22nd
Century
Group Inc is $6.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 6 at 10:01 p.m.  ​All
figures in US dollars unless otherwise stated