TURNING POINT BRANDS to Announce Financial Results for Q1 2017 on May 3rd
April 27, 2023
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Investors are encouraged to sign up for the company’s conference call to discuss the results. It is the only publicly traded independent tobacco product manufacturer in the United States. The company manufactures, markets, and distributes a variety of products including moist snuff, chewing tobacco, premium cigar, pipe tobacco, and other tobacco products.
Additionally, Turning Point Brands ($NYSE:TPB) also produces a portfolio of vapor products, including rechargeable and disposable vaping devices and related accessories. With its commitment to providing quality products and services that exceed customers’ expectations, Turning Point Brands has quickly become one of the leading independent producers of Other Tobacco Products and Vapor Products.
Market Price
On that day, the stock opened at $23.3 and closed at $23.5, up by 0.1% from the previous closing price of 23.5. Investors will be closely monitoring the announcement to gain insight into the company’s performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for TPB. More…
| Total Revenues | Net Income | Net Margin |
| 415.01 | 11.64 | 9.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for TPB. More…
| Operations | Investing | Financing |
| 30.27 | -18.79 | -43.3 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for TPB. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 572.11 | 458.73 | 6.39 |
Key Ratios Snapshot
Some of the financial key ratios for TPB are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.7% | 41.1% | 8.6% |
| FCF Margin | ROE | ROA |
| 5.4% | 18.5% | 3.9% |
Analysis
At GoodWhale, we have conducted an analysis of TURNING POINT BRANDS’ wellbeing. After careful consideration, the outcome of our Risk Rating analysis ranks TURNING POINT BRANDS as a high risk investment in terms of financial and business aspects. When investigating further, we discovered one risk warning within the balance sheet. If you are looking to find out more about this risk warning, we suggest you become a registered user of GoodWhale so you can view the full information. More…
Peers
As the tobacco industry continues to experience declining sales in the United States, companies are looking for new ways to grow their business. One area of opportunity is the e-cigarette market. Turning Point Brands Inc is one of the leading e-cigarette companies and is facing stiff competition from Golden Tobacco Ltd, Emmi AG, and Limoneira Co.
– Golden Tobacco Ltd ($BSE:500151)
Golden Tobacco is a publicly traded company with a market capitalization of $1.36 billion as of 2022. The company’s return on equity (ROE) is -5.23%. Golden Tobacco is engaged in the manufacture and sale of cigarettes and other tobacco products. The company’s products are sold in over 50 countries worldwide. Golden Tobacco has a long history, dating back to the early 1800s. The company is headquartered in London, England.
– Emmi AG ($LTS:0QM5)
Emmi AG is a leading international provider of fresh dairy products, with a focus on premium quality. The company has a market cap of 4.1B as of 2022 and a return on equity of 15.21%. Emmi’s products are sold in over 50 countries and include a wide range of cheese, yogurt, and other dairy products. The company has a strong focus on quality and innovation, and is constantly expanding its product range to meet the needs of its customers. Emmi is a trusted partner for retailers and foodservice providers around the world, and is committed to providing the highest quality products and services.
– Limoneira Co ($NASDAQ:LMNR)
Limoneira Company is a agribusiness and real estate development company, which engages in the production of lemons, avocados, oranges,specialty citrus and other crops; and rental operations. The company was founded in 1893 and is headquartered in Santa Paula, CA.
Summary
Turning Point Brands (TPB) is a leading manufacturer and distributor of tobacco products. Analysts expect TPB’s earnings to show an increase year-over-year. Investors will be closely monitoring the company’s performance and outlook in order to determine if the stock is a buy. With a strong track record of revenue growth, TPB could be an attractive investment for those looking to capitalize on its potential.
In addition to releasing earnings, TPB will be hosting a conference call, which provides investors with an opportunity to learn more about the company and ask questions. With this information, investors will be able to make more informed decisions about TPB.
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