Turning Point Brands Inc expected to post earnings of 58  cents a share - Earnings Preview

Turning Point Brands

22/02/2023 14:55

* Turning Point Brands Inc  TPB.N   TPB  is expected to show
a
fall in quarterly revenue when it reports  results on February
24. 
    * The Louisville Kentucky-based  company is expected to
report  a
8.6% decrease in revenue to $96.206 million from $105.28 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 58 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 was unchanged 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 $21.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.43        0.42       0.66      Beat    55.9
 ​​Sep.        0.72        0.70       0.72      Beat    3.3
 30 2021                                                
 Jun. 30 2021  0.64        0.65       0.84      Beat    29.2​
 Mar. 31 2021  0.64        0.64       0.80      Beat    24.4
 Dec. 31 2020  0.74        0.76       0.84      Beat    10.2
 This summary was machine generated February 22 at 14:55 GMT. 
All figures in US dollars  unless otherwise stated