Turning Point Brands Inc expected to post earnings of 60cents a share - Earnings Preview

Turning Point Brands

24/10/2022 16:43

* Turning Point Brands Inc  TPB.N   TPB  is expected to show
a
fall in quarterly revenue when it reports  results on October
26. 
    * The Louisville Kentucky-based  company is expected to
report  a
3.4% decrease in revenue to $106.2 million from $109.9 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. The company's guidance on October 17 2022,
for the period ended September 30, was for revenue between
$106.00 million and $108.00 million.
    * ​Refinitiv's mean analyst estimate for Turning Point
Brands Inc
is for earnings of 60 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 $20.65. ​​​

The company's guidance on October 17 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD106 million and
USD25 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  0.72        0.70       0.72      Beat    3.3
 ​​Jun.        0.64        0.65       0.84      Beat    29.2
 30 2021                                                
 Mar. 31 2021  0.64        0.64       0.80      Beat    24.4​
 Dec. 31 2020  0.74        0.76       0.84      Beat    10.2
 Sep. 30 2020  0.62        0.58       0.75      Beat    30.1
 This summary was machine generated October 24 at 15:43 GMT.  All
figures in US dollars  unless otherwise stated