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

Vector

02/11/2022 12:01

* Vector Group Ltd  VGR.N  reported quarterly adjusted
earnings of
24 cents​​ per share for the quarter ended in September. The
mean expectation of two analysts for the quarter was
for earnings of 27 cents per share.
    * Revenue fell 42.1% to $378.00 million from a year ago;
analysts
expected $309.10 million. 
    * The mean earnings estimate of analysts had fallen by
about 10.2%
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 20.2% this
quarter and
lost 7.8% so far this year.
    * The company reported quarterly net income of $38.86
million.
    * Wall Street's median 12-month price target for Vector
Group Ltd
is $14.50 
    * 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 Refinitiv data November
2 at 12:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.27           0.24           Missed
 Jun. 30 2022      0.36           0.25           Missed
 Mar. 31 2022      0.25           0.17           Missed
 Dec. 31 2021      0.43           0.26           Missed