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

Vector

08/05/2023 23:30

* Vector Group Ltd  VGR.N  reported quarterly adjusted
earnings of
22 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
29 cents per share.
    * Revenue rose 70.5% to $334.15 million from a year ago;
analysts
expected $334.00 million. 
    * Vector Group Ltd's reported EPS for the quarter was 22
cents​.
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Vector Group Ltd shares had risen by 3.6% this quarter and
gained 4.9% so far this year.
    * The company reported quarterly net income of $34.74
million.
    * Wall Street's median 12-month price target for Vector
Group Ltd
is $15.50 
    * 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 May
8 at 10:29 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.36           0.25           Missed