Turning Point Brands, Inc. Announces First Quarter 2018 Results

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Go back to Turning Point Brands, Inc. Announces First Quarter 2018 Results

Turning Point Brands, Inc. (TPB) Tops Q1 EPS by 5c

May 9, 2018 6:56 AM EDT

Turning Point Brands, Inc. (NYSE: TPB) reported Q1 EPS of $0.35, $0.05 better than the analyst estimate of $0.30. Revenue for the quarter came in at $73.9 million versus the consensus estimate of $70.7 million.

2018 Outlook Update

As previously announced, and based upon the current understanding of the 2018 FDA schedule, the company has identified products for 2018 rationalization and estimates that SKU discontinuations will unfavorably impact year-over-year net sales by... More