Turning Point Brands Inc expected to post earnings of 68 cents a share - Earnings Preview

Turning Point Brands

26/02/2024 15:00

* Turning Point Brands Inc  TPB.N   TPB  is expected to show
a
fall in quarterly revenue when it reports  results on February
28 for the period ending December 31 2023
    * The Louisville Kentucky-based  company is expected to
report a
12.8% decrease in revenue to $90.108 million from $103.39
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 68 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 $22.68.
​​​

This summary was machine generated February 26 at 15:00 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)