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TPB — Turning Point Brands News Story

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Turning Point Brands Inc reports results for the quarter ended December 31 - Earnings Summary

Turning Point Brands Inc TPB.N reported quarterly adjusted earnings of 98 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 79 cents.  The mean expectation of five analysts for the quarter was for earnings of 91 cents per share. Wall Street expected results to range from 87 cents to 95 cents per share.

Revenue fell 3.6% to $93.67 million from a year ago; analysts expected $95.07 million.

Turning Point Brands Inc's reported EPS for the quarter was 13 cents​.

The company reported quarterly net income of $2.42 million.

Turning Point Brands Inc shares had risen by 11.5% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 21.3% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The average consensus recommendation for the tobacco peer group is also "buy"

Wall Street's median 12-month price target for Turning Point Brands Inc is $70.00

This summary was machine generated from LSEG data March 6 at 03:52 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20240.910.98Beat
Sep. 30 20240.730.87Beat
Jun. 30 20240.750.89Beat
Mar. 31 20240.670.80Beat

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