Turning Point Brands Q2 Adj EPS $0.79 Beats $0.59 Estimate, Sales $105.60M Beat $104.22M Estimate
Portfolio Pulse from Benzinga Newsdesk
Turning Point Brands (NYSE:TPB) reported Q2 adjusted earnings of $0.79 per share, beating the analyst consensus estimate of $0.59 by 33.9%. This is a 12.86% increase from the same period last year. The company also reported quarterly sales of $105.60 million, beating the analyst consensus estimate of $104.22 million by 1.32%, a 2.60% increase from the same period last year.
August 04, 2023 | 11:00 am
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Turning Point Brands reported better than expected Q2 earnings and sales, which could positively impact its stock price in the short term.
Turning Point Brands reported Q2 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
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