Turning Point Brands Inc expected to post earnings of 61  cents a share - Earnings Preview

Turning Point Brands

20/10/2023 15:03

* Turning Point Brands Inc  TPB.N   TPB  is expected to show
a
fall in quarterly revenue when it reports  results on October 24
(estimated). 
    * The Louisville Kentucky-based  company is expected to
report  a
3.2% decrease in revenue to $104.365 million from $107.8 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Turning Point
Brands Inc
is for earnings of 61 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"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 $39.5​, above​ its last closing price of $22.36.
​​​

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 2023  0.60        0.59       0.79      Beat    33.9
 Mar. 31 2023  0.48        0.48       0.62      Beat    29.2
 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.        0.73        0.72       0.70      Missed  -3.2
 30 2022                                                
 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
 This summary was machine generated October 20 at 14:03 GMT.  All
figures in US dollars  unless otherwise stated