Vector Group Q3 Adj EPS $0.33 Misses $0.36 Estimate, Sales $364.11M Miss $387.50M Estimate
Portfolio Pulse from bharat@benzinga.com
Vector Group (NYSE:VGR) reported Q3 earnings of $0.33 per share, missing the analyst consensus estimate of $0.36 by 8.33%. This is a 37.5% increase from the same period last year. The company also reported quarterly sales of $364.11 million, missing the analyst consensus estimate of $387.50 million by 6.04%. This is a 3.67% decrease from the same period last year.
November 01, 2023 | 9:35 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Vector Group's Q3 earnings and sales missed analyst estimates, which could negatively impact the stock price in the short term.
Vector Group's earnings and sales for Q3 have both missed analyst estimates. This underperformance could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100