Vector Group Q2 EPS $0.24 Misses $0.33 Estimate, Sales $365.70M Miss $408.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vector Group reported Q2 earnings of $0.24 per share, missing the analyst consensus estimate of $0.33 by 27.27%. This is a 4% decrease from the same period last year. The company also reported quarterly sales of $365.70 million, missing the analyst consensus estimate of $408.20 million by 10.41%. This is a 5.55% decrease from the same period last year.
August 04, 2023 | 2:36 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Vector Group's Q2 earnings and sales missed analyst estimates, indicating a potential negative impact on the stock price.
Vector Group's earnings and sales for Q2 have both missed analyst estimates, which is typically a negative signal for investors. This could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100