• Turning Point Brands Inc TPB.N reported quarterly adjusted earnings of $1.05​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 87 cents. The mean expectation of five analysts for the quarter was for earnings of 81 cents per share. Wall Street expected results to range from 81 cents to 82 cents per share.

• Revenue rose 12.7% to $118.98 million from a year ago; analysts expected $110.24 million.

• Turning Point Brands Inc's reported EPS for the quarter was $1.13​.

• The company reported quarterly net income of $21.08 million.

• Turning Point Brands Inc shares had fallen by 3.7% this quarter and gained 58.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the tobacco peer group is also "buy"

• Wall Street's median 12-month price target for Turning Point Brands Inc is $109.00, about 12.7% above its last closing price of $95.18

This summary was machine generated from LSEG data November 5 at 05:38 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)