Turning Point Brands Inc expected to post earnings of 70 cents a share - Earnings Preview

Turning Point Brands

22/10/2021 12:52

* Turning Point Brands Inc  TPB.N   TPB  is expected to show a
rise in quarterly revenue when it reports results on October
26. 
* The Louisville, Kentucky-based company is expected to report 
a 8.4% increase in revenue to $112.926 million from $104.17
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 70 cents per share. For the same quarter
last year, the company reported earnings of 75 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "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 $65​, about 27.7% above​ its last closing price
of $47.02. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Sep. 30 2020  0.62        0.58       0.75      Beat    30.1
 Jun.          0.47​       0.45       0.71      Beat    57.8​
 30​ 2020​                                              
 Mar. 31 2020  0.31        0.31       0.51      Beat    64.5​
 Dec. 31 2019  0.46        0.46       0.41      Missed  -10.2
 Sep. 30 2019  0.45        0.46       0.56      Beat    23.1
 This summary was machine generated October 22 at 11:52 GMT.  All
figures in US dollars unless otherwise stated