Turning Point Brands Announces Fourth Quarter and Full Year 2019 Results
Turning Point Brands, Inc. (TPB)
Last turning point brands, inc. earnings: 4/28 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
turningpointbrands.com/investor-relations
Company Research
Source: Business Wire
LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands (NYSE: TPB), a leading provider of Other Tobacco Products (“OTP”) and adult consumer alternatives, today announced financial results for the fourth quarter and full year ended December 31, 2019.Results at a GlanceFiscal Year Ending December 31, 2019(Comparisons vs. same period year-ago)Net sales increased 8.8% to $362.0 million;Gross profit decreased 4.1% to $136.7 million as a result of certain restructuring expenses;Net income decreased $11.5 million to $13.8 million primarily as a result of $24.7 million of fourth quarter restructuring costs;Adjusted EBITDA increased $2.7 million to $67.3 million (see Schedule A for a reconciliation to net income); andDiluted EPS of $0.69 and Adjusted Diluted EPS of $1.86 as compared to $1.28 and $1.79 in the year-ago period, respectively (see Schedule C for a reconciliation to Diluted EPS)Fourth Quarter 2019(Comparisons vs. same period year-ago)Net sales decreased 14.9% to $80.2 million;Gr
Show less
Read more
Impact Snapshot
Event Time:
TPB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TPB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TPB alerts
High impacting Turning Point Brands, Inc. news events
Weekly update
A roundup of the hottest topics
TPB
News
- Turning Point Brands, Inc. (NYSE: TPB) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Turning Point Brands, Inc. (NYSE: TPB) had its "buy" rating re-affirmed by analysts at Roth Mkm. They now have a $70.00 price target on the stock, up previously from $55.00.MarketBeat
- Turning Point Brands, Inc. (NYSE: TPB) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Here's Seven Corners Capital's Updates on Turning Point Brands (TPB) [Yahoo! Finance]Yahoo! Finance
- Turning Point Brands, Inc. (NYSE: TPB) had its price target raised by analysts at Craig Hallum from $60.00 to $75.00. They now have a "buy" rating on the stock.MarketBeat
TPB
Earnings
- 11/7/24 - Beat
TPB
Sec Filings
- 12/13/24 - Form 8-K
- 12/13/24 - Form 424B5
- 11/14/24 - Form SC
- TPB's page on the SEC website