Vector Group (VGR) Tops Q4 EPS by 9c, Revenues Beat
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Vector Group Reports Fourth Quarter and Full Year 2018 Financial Results
February 28, 2019 7:30 AM ESTMIAMI--(BUSINESS WIRE)-- Vector Group Ltd. (NYSE: VGR) today announced financial results for the three months and year ended December 31, 2018.
GAAP Financial Results
Fourth quarter 2018 revenues were $445.9 million, compared to revenues of $435.7 million in the fourth quarter of 2017. The Company recorded operating income of $48.1 million in the fourth quarter of 2018, compared to operating income of $48.2 million in the fourth quarter of 2017. Net income attributed to Vector Group Ltd. for the fourth quarter of 2018 was $21.1 million, or $0.14 per diluted common share, compared to net income of $42.7 million, or $0.26 per diluted common... More
