Turning Point Brands Inc expected to post earnings of 48  cents a share - Earnings Preview

Turning Point Brands

01/05/2023 16:20

* Turning Point Brands Inc  TPB.N   TPB  is expected to show
a
fall in quarterly revenue when it reports  results on May 3. 
    * The Louisville Kentucky-based  company is expected to
report  a
3.7% decrease in revenue to $97.202 million from $100.89 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Turning Point
Brands Inc
is for earnings of 48 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 5.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Turning
Point
Brands Inc is $35​, above​ its last closing price of $23.79. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.40        0.58       0.69      Beat    19.7
 Sep. 30 2022  0.61        0.60       0.72      Beat    20.7
 Jun. 30 2022  0.73        0.72       0.70      Missed  -3.2​
 Mar. 31 2022  0.54        0.52       0.71      Beat    35.7
 ​​Dec.        0.43        0.42       0.66      Beat    55.9
 31 2021                                                
 Sep. 30 2021  0.72        0.70       0.72      Beat    3.3​
 Jun. 30 2021  0.64        0.65       0.84      Beat    29.2
 Mar. 31 2021  0.64        0.64       0.80      Beat    24.4
 This summary was machine generated May 1 at 15:20 GMT.  All
figures in US dollars  unless otherwise stated