Turning Point Brands Inc expected to post earnings of 67 cents a share - Earnings Preview

Turning Point Brands

30/04/2024 15:03

* Turning Point Brands Inc  TPB.N   TPB  is expected to show
a
fall in quarterly revenue when it reports  results on May 2 for
the period ending March 31 2024
    * The Louisville Kentucky-based  company is expected to
report a
10.2% decrease in revenue to $90.659 million from $100.96
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Turning Point Brands Inc
is
for earnings of 67 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 $34.50​, above​ its last closing price of $28.41.
​​​

This summary was machine generated April 30 at 14:03 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)