Turning Point Brands Q2 Adj. EPS $0.23 Misses $0.43 Estimate, Sales $142.960M Beat $129.225M Estimate
Turning Point Brands (NYSE:TPB) reported quarterly earnings of $0.23 per share which missed the analyst consensus estimate of $0.43 by 46.51 percent. This is a 76.53 percent decrease over earnings of $0.98 per share
Turning Point Brands made more money from sales than people expected, but earned much less profit per share than analysts thought. When a company sells more but profits drop sharply, it's a sign to watch whether their costs got too high or something else changed.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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