Vector Group (VGR) Reports Q4 EPS of 12c

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Go back to Vector Group (VGR) Reports Q4 EPS of 12c

Vector Group Reports Fourth Quarter and Full Year 2015 Financial Results

February 29, 2016 4:15 PM EST

MIAMI--(BUSINESS WIRE)-- Vector Group Ltd. (NYSE: VGR) today announced financial results for the fourth quarter and year ended December 31, 2015.

GAAP Financial Results

Fourth quarter 2015 revenues were $429.6 million, compared to revenues of $417.6 million in the fourth quarter of 2014. The Company recorded operating income of $28.3 million in the fourth quarter of 2015, compared to operating income of $47.1 million in the fourth quarter of 2014. Net income attributed to Vector Group Ltd. for the 2015 fourth quarter was $6.4 million, or $0.05 per diluted common share, compared to net income of $12.2 million, or $0.11 per diluted common share, in the 2014... More