Turning Point Brands Sees FY24 Adj. EBITDA $95M-$100M
Portfolio Pulse from Benzinga Newsdesk
Turning Point Brands projects its adjusted EBITDA for fiscal year 2024 to be between $95 million and $100 million.
February 28, 2024 | 12:37 pm
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Turning Point Brands anticipates its adjusted EBITDA for FY24 to range from $95M to $100M.
The projection of adjusted EBITDA growth for FY24 by Turning Point Brands is a positive signal for investors, indicating potential profitability and financial health improvements. This outlook could lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100