Picture of Turning Point Brands logo

TPB — Turning Point Brands News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer DefensivesAdventurousMid CapFalling Star

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

Turning Point Brands Inc TPB.N reported quarterly adjusted earnings of 91 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 80 cents.  The mean expectation of four analysts for the quarter was for earnings of 78 cents per share. Wall Street expected results to range from 75 cents to 81 cents per share.

Revenue rose 9.7% to $106.44 million from a year ago; analysts expected $95.75 million.

Turning Point Brands Inc's reported EPS for the quarter was 79 cents​.

The company reported quarterly net income of $14.4 million.

Turning Point Brands Inc shares had risen by 9.2% this quarter and gained 8.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 4.3% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 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 $80.00

This summary was machine generated from LSEG data May 7 at 01:31 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
Mar. 31 20250.780.91Beat
Dec. 31 20240.910.98Beat
Sep. 30 20240.730.87Beat
Jun. 30 20240.750.89Beat

Recent news on Turning Point Brands

See all news