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

Turning Point Brands

03/05/2023 14:33

* Turning Point Brands Inc  TPB.N  reported quarterly
adjusted
earnings of 62 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 48 cents per share.
    * Revenue rose 0.1% to $100.96 million from a year ago;
analysts
expected $97.20 million. 
    * Turning Point Brands Inc's reported EPS for the quarter
was 41
cents​.
    * The mean earnings estimate of analysts had fallen by
about 17.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Turning Point Brands Inc shares had risen by 10.2% this
quarter and gained 7.0% so far this year.
    * The company reported quarterly net income of $7.6 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 LSEG Refinitiv data May
3 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.48           0.62           Beat
 Dec. 31 2022      0.58           0.69           Beat
 Sep. 30 2022      0.60           0.72           Beat
 Jun. 30 2022      0.72           0.70           Missed