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

22nd Century

08/11/2022 12:02

* 22nd Century Group Inc  XXII.OQ  reported a quarterly
adjusted
loss of 6 cents​​ per share for the quarter ended in September.
The mean expectation of four analysts for the quarter was for a
loss of 6 cents per share.
    * Revenue rose 148.2% to $19.38 million from a year ago;
analysts
expected $19.90 million. 
    * 22nd Century Group Inc's reported EPS for the quarter was
a loss
of 6 cents​.
    * The mean earnings estimate of analysts had fallen by
about 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 risen by 48.8% this
quarter and lost 55.3% so far this year.
    * The company reported a quarterly loss of $13.1 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 November
8 at 12:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      -0.05          -0.09          Missed