22nd Century preliminary Q4 revenue declines

Reuters
02/21
<a href="https://laohu8.com/S/XXII">22nd Century</a> preliminary Q4 revenue declines

Overview

  • Tobacco products company's preliminary Q4 revenue declines yr/yr

  • Preliminary Q4 operating loss narrows compared to previous quarter

  • Company remains debt-free, with $7.1 mln cash at year end

Outlook

  • Company aims to expand VLN product distribution and consumer awareness in 2026

  • Company plans to advance toward profitability as higher-margin revenues scale

Result Drivers

  • STRATEGIC SHIFT - Co exited unprofitable high-volume revenue streams to improve financial footing, per CEO Larry Firestone

  • INVENTORY INCREASE - Co expanded inventory to $4.3 mln in Q4, reflecting reduced nicotine tobacco harvest

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Miss

$3.60 mln

$4.10 mln (1 Analyst)

Q4 Operating Income

-$2.80 mln

Analyst Coverage

  • The one available analyst rating on the shares is "buy"

  • The average consensus recommendation for the tobacco peer group is "buy"

  • Wall Street's median 12-month price target for 22nd Century Group Inc is $135.00, about 2,070.4% above its February 19 closing price of $6.22

Press Release: ID:nGNX7MWbk

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10