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

Turning Point Brands

27/04/2022 19:28

* Turning Point Brands Inc  TPB.N  reported quarterly
adjusted
earnings of 71 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 52 cents per share.
    * Revenue fell 6.3% to $100.89 million from a year ago; 
analysts
expected $104.59 million. 
    * Turning Point Brands Inc's reported EPS for the quarter
was 55
cents​.
    * The mean earnings estimate of analysts had fallen by
about 16.3%
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 8.9% this
quarter and lost 17.9% so far this year.
    * The company reported quarterly net income of $11 million.
    * Wall Street's median 12-month price target for Turning
Point
Brands Inc is $55.00 
    * 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." 

This summary was machine generated April 27 at 06:28 p.m.  ​All
figures in US dollars unless otherwise stated