Vector Group (VGR) Reports In-Line Q3 EPS

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Go back to Vector Group (VGR) Reports In-Line Q3 EPS

Vector Group Reports Third Quarter 2017 Financial Results

November 7, 2017 7:00 AM EST

MIAMI--(BUSINESS WIRE)-- Vector Group Ltd. (NYSE: VGR) today announced financial results for the three and nine months ended September 30, 2017.

GAAP Financial Results

Third quarter of 2017 revenues were $484.6 million, compared to revenues of $459.1 million in the third quarter of 2016. The Company recorded operating income of $59.2 million in the third quarter of 2017, compared to operating income of $69.4 million in the third quarter of 2016. Net income attributed to Vector Group Ltd. for the third quarter of 2017 was $19.3 million, or $0.13 per diluted common share, compared to net income of $23.2 million, or $0.17 per diluted... More