Vector Group (VGR) Tops Q3 EPS by 12c

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Vector Group Reports Third Quarter 2019 Financial Results

November 5, 2019 4:15 PM EST

MIAMI--(BUSINESS WIRE)-- Vector Group Ltd. (NYSE: VGR) today announced financial results for the three and nine months ended September 30, 2019.

GAAP Financial Results

Third quarter 2019 revenues were $504.8 million, compared to revenues of $513.9 million in the third quarter of 2018. The Company recorded operating income of $66.7 million in the third quarter of 2019, compared to operating income of $66.0 million in the third quarter of 2018. Net income attributed to Vector Group Ltd. for the third quarter of 2019 was $36.0 million, or $0.23 per diluted common share, compared to net income of $12.0 million, or $0.07... More