Vector Group Ltd reports results for the quarter ended in June - Earnings Summary

Vector

04/08/2023 24:09

* Vector Group Ltd  VGR.N  reported quarterly adjusted
earnings of
32 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
33 cents per share.
    * Revenue rose 46.7% to $365.66 million from a year ago;
analysts
expected $408.20 million. 
    * Vector Group Ltd's reported EPS for the quarter was 24
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Vector Group Ltd shares had risen by 3.2% this quarter and
gained 11.5% so far this year.
    * The company reported quarterly net income of $38.09
million.
    * Wall Street's median 12-month price target for Vector
Group Ltd
is $16.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 11:09 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.33           0.32           Missed
 Mar. 31 2023      0.29           0.22           Missed
 Dec. 31 2022      0.27           0.31           Beat
 Sep. 30 2022      0.27           0.24           Missed