Vector Group (VGR) Reports In-Line Q2 EPS

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Go back to Vector Group (VGR) Reports In-Line Q2 EPS

Vector Group Reports Second Quarter 2015 Financial Results

July 29, 2015 4:37 PM EDT

MIAMI--(BUSINESS WIRE)-- Vector Group Ltd. (NYSE: VGR) today announced financial results for the three and six months ended June 30, 2015.

GAAP Financial Results

Second quarter 2015 revenues were $416.2 million, compared to revenues of $406.6 million in the second quarter of 2014. The Company recorded operating income of $56.0 million in the second quarter of 2015, compared to operating income of $60.3 million in the second quarter of 2014. Net income attributed to Vector Group Ltd. for the 2015 second quarter was $17.9 million, or $0.15 per diluted common share, compared to net income of $7.9 million, or $0.08 per diluted common share, in the... More