Turning Point Brands (TPB) Releases Earnings Results, Misses Expectations By $-0.01 EPS

Turning Point Brands (TPB) reported quarterly earnings results on Wednesday, Jun-15-2016. The company reported $0.12 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $0.13. The company posted revenue of $49.90 million in the period, compared to analysts expectations of $49.90 million. The company’s revenue was down -2.3% compared to the same quarter last year.

Many Wall Street Analysts have commented on Turning Point Brands. FBR Capital Initiated Turning Point Brands on Jun 6, 2016 to “Outperform”, Price Target of the shares are set at $13.

Turning Point Brands

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