Vector Group: Q2 Earnings Insights

Vector Group VGR reported its Q2 earnings results on Friday, August 5, 2022 at 07:45 AM.

Here's what investors need to know about the announcement.

Vector Group missed estimated earnings by 28.57%, reporting an EPS of $0.25 versus an estimate of $0.35.

Revenue was down $342.33 million from the same period last year.

Last quarter the company missed on EPS by $0.08 which was followed by a 7.03% increase in the share price the next day.

Here's a look at Vector Group's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.25	0.43	0.39	0.25
EPS Actual	0.17	0.26	0.34	0.63
Revenue Estimate	285.70M	612.20M	651.80M	559.30M
Revenue Actual	312.04M	313.67M	652.65M	729.53M

To track all earnings releases for Vector Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.