Recap: Turning Point Brands Q1 Earnings

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Turning Point Brands TPB reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:30 AM.

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

Earnings

Turning Point Brands beat estimated earnings by 29.17%, reporting an EPS of $0.62 versus an estimate of $0.48.

Revenue was up $62 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11 which was followed by a 10.96% increase in the share price the next day.

Here's a look at Turning Point Brands's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.58 0.61 0.72 0.52
EPS Actual 0.69 0.72 0.70 0.71
Revenue Estimate 96.21M 106.20M 105.86M 104.59M
Revenue Actual 103.39M 107.80M 102.92M 100.89M

To track all earnings releases for Turning Point Brands visit their earnings calendar here.

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

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TPBTurning Point Brands Inc
$57.982.51%

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