Earnings Preview: 22nd Century Group, Inc. Common Stock

22nd Century Group, Inc. Common Stock XXII is set to give its latest quarterly earnings report on Tuesday, 2022-03-01. Here's what investors need to know before the announcement.

Analysts estimate that 22nd Century Group, Inc. Common Stock will report an earnings per share (EPS) of $-0.06.

22nd Century Group, Inc. Common Stock bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company missed EPS by $0.02, which was followed by a 1.02% increase in the share price the next day.

Here's a look at 22nd Century Group, Inc. Common Stock's past performance and the resulting price change:

Stock Performance

Shares of 22nd Century Group, Inc. Common Stock were trading at $2.32 as of February 25. Over the last 52-week period, shares are down 18.77%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

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