Brief: Turning Point Brands Announces Third Quarter 2021 Results

Turning Point Brands

26/10/2021 12:53

Oct 26 (Reuters) - Turning Point Brands Inc  TPB.N :
    * TURNING POINT BRANDS ANNOUNCES THIRD QUARTER 2021 RESULTS;
UPDATES 2021 GUIDANCE AND INCREASES SHARE REPURCHASE
AUTHORIZATION
    * Q3 ADJUSTED EARNINGS PER SHARE $0.72
    * Q3 EARNINGS PER SHARE $0.65
    * Q3 SALES ROSE 5.5 PERCENT TO $109.9 MILLION
    * SEES 2021 ADJUSTED EBITDA OF $104 TO $108 MILLION
    * TURNING POINT BRANDS - SEES 2021 NET SALES OF $433 TO $443
MILLION
    * Q3 EARNINGS PER SHARE VIEW $0.70, REVENUE VIEW $112.9
MILLION --
REFINITIV IBES DATA
    * FY2021 REVENUE VIEW $458.9 MILLION -- REFINITIV IBES DATA

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