Turning Point Brands, Inc. (TPB) Raises Quarterly Dividend 12.5% to $0.045; 0.4% Yield

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Turning Point Brands, Inc. (TPB) Misses Q3 EPS by 5c, Revenues Miss; Affirms FY18 Revenue Outlook

November 7, 2018 7:13 AM EST

Turning Point Brands, Inc. (NYSE: TPB) reported Q3 EPS of $0.47, $0.05 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $83.3 million versus the consensus estimate of $84.1 million.

Net sales increased 13.6% to a record $83.3 million;Gross profit increased 10.0% to a record $36.2 million;Net income attributable to Turning Point Brands, Inc. increased 7.9%... More