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

Turning Point Brands

24/02/2023 14:32

* Turning Point Brands Inc  TPB.N  reported quarterly
adjusted
earnings of 69 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 58 cents per share.
    * Revenue fell 1.8% to $103.39 million from a year ago;
analysts
expected $96.21 million. 
    * Turning Point Brands Inc's reported EPS for the quarter
was a
loss of 93 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Turning Point Brands Inc shares had fallen by 0.0% this
quarter.
    * The company reported a quarterly loss of $16.32 million.
    * Wall Street's median 12-month price target for Turning
Point
Brands Inc is $35.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
24 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.58           0.69           Beat
 Sep. 30 2022      0.60           0.72           Beat
 Jun. 30 2022      0.72           0.70           Missed
 Mar. 31 2022      0.52           0.71           Beat