Turning Point Brands, Inc. (TPB) Declares $0.04 Quarterly Dividend; 0.8% Yield
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Turning Point Brands, Inc. (TPB) Reports In-Line Q4 EPS, Beats on Revenues
March 8, 2018 6:52 AM ESTNote: EPS may not be comparable
Turning Point Brands, Inc. (NYSE: TPB) reported Q4 EPS of $0.23, in-line with the analyst estimate of $0.23. Revenue for the quarter came in at $73.6 million versus the consensus estimate of $72.35 million.
Fourth Quarter 2017(Comparisons vs. same period year-ago)
Net sales increased 36.7% to a record $73.6 millionGross profit increased 23.1% to $32.3 millionIncome before income taxes increased $2.5 million to $6.9 millionNet income was $3.5 millionDiluted EPS of $0.18 and Adjusted diluted EPS of $0.23(see Schedule D for a reconciliation to diluted EPS)Adjusted EBITDA increased 9.6% to... More