Turning Point Brands Q1 2024 Adj EPS $0.80 Beats $0.67 Estimate, Sales $97.058M Beat $90.659M Estimate

5/2/24 7:31:12 AM ET

Tobacco

Consumer Discretionary

Get the next $TPB alert in real time by email

Turning Point Brands (NYSE:TPB) reported quarterly earnings of $0.80 per share which beat the analyst consensus estimate of $0.67 by 19.4 percent. The company reported quarterly sales of $97.058 million which beat the analyst consensus estimate of $90.659 million by 7.06 percent. This is a 3.86 percent decrease over sales of $100.956 million the same period last year.

Get the next $TPB alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$TPB

Date	Price Target	Rating	Analyst
11/14/2024	$65.00	Outperform	Oppenheimer
9/19/2024	$50.00	Buy	ROTH MKM
6/6/2023	$28.00	Buy	The Benchmark Company
10/10/2022	$28.00 → $22.00	Overweight → Equal Weight	Barclays

More analyst ratings

$TPB
Financials

Live finance-specific insights

Turning Point Brands Announces Third Quarter 2024 Results
Q3 2024 Adjusted EBITDA of $27.2 million, up 11% over prior year Zig-Zag and Stoker's Products Net Sales for Q3 2024 Increased 8% Year-Over-Year Company increases full-year 2024 adjusted EBITDA guidance to $101 to $103 million Turning Point Brands, Inc. ("TPB" or "the Company") (NYSE:TPB), a manufacturer, marketer and distributor of branded consumer products, including alternative smoking accessories and consumables with active ingredients, today announced financial results for the third quarter ended September 30, 2024. Q3 2024 vs. Q3 2023 Total consolidated net sales increased 3.8% to $105.6 million Zig-Zag Products net sales increased 5.5% Stoker's Products net sales increa
11/7/24 7:30:00 AM ET
$TPB
Tobacco
Consumer Discretionary
Turning Point Brands Declares Common Stock Dividend
The Board of Directors of Turning Point Brands, Inc. ("TPB") (NYSE:TPB), a manufacturer, marketer and distributor of branded consumer products including alternative smoking accessories and consumables with active ingredients, declared a regular quarterly dividend of $0.07 per common share. The dividend is payable on January 10, 2025, to shareholders of record on the close of business on December 20, 2024. About Turning Point Brands, Inc. Turning Point Brands (NYSE:TPB) is a manufacturer, marketer and distributor of branded consumer products including alternative smoking accessories and consumables with active ingredients through its iconic Zig-Zag® and Stoker's® brands. TPB's products are
11/6/24 4:15:00 PM ET
$TPB
Tobacco
Consumer Discretionary
Turning Point Brands to Host Third Quarter 2024 Conference Call
Turning Point Brands, Inc. (NYSE:TPB) announced the date and time for its third quarter conference call to review results. The conference call will be on Thursday, November 7, 2024 at 10:00 a.m. Eastern. Interested analysts and professional investors can register and participate through one of these call-in numbers: (800) 715-9871 (U.S., toll-free) (646) 307-1963 (International) Event ID: 6640134 Participants should dial in at least 10 minutes in advance and follow the audio prompts after typing in the Event ID. The call will also be broadcast live as a listen-only webcast from the investor relations section of the company's website at http://www.turningpointbrands.com/investor-relations
10/24/24 7:30:00 AM ET
$TPB
Tobacco
Consumer Discretionary

Turning Point Brands Announces Third Quarter 2024 Results
Q3 2024 Adjusted EBITDA of $27.2 million, up 11% over prior year Zig-Zag and Stoker's Products Net Sales for Q3 2024 Increased 8% Year-Over-Year Company increases full-year 2024 adjusted EBITDA guidance to $101 to $103 million Turning Point Brands, Inc. ("TPB" or "the Company") (NYSE:TPB), a manufacturer, marketer and distributor of branded consumer products, including alternative smoking accessories and consumables with active ingredients, today announced financial results for the third quarter ended September 30, 2024. Q3 2024 vs. Q3 2023 Total consolidated net sales increased 3.8% to $105.6 million Zig-Zag Products net sales increased 5.5% Stoker's Products net sales increa
11/7/24 7:30:00 AM ET
$TPB
Tobacco
Consumer Discretionary
Turning Point Brands Declares Common Stock Dividend
The Board of Directors of Turning Point Brands, Inc. ("TPB") (NYSE:TPB), a manufacturer, marketer and distributor of branded consumer products including alternative smoking accessories and consumables with active ingredients, declared a regular quarterly dividend of $0.07 per common share. The dividend is payable on January 10, 2025, to shareholders of record on the close of business on December 20, 2024. About Turning Point Brands, Inc. Turning Point Brands (NYSE:TPB) is a manufacturer, marketer and distributor of branded consumer products including alternative smoking accessories and consumables with active ingredients through its iconic Zig-Zag® and Stoker's® brands. TPB's products are
11/6/24 4:15:00 PM ET
$TPB
Tobacco
Consumer Discretionary
Turning Point Brands to Host Third Quarter 2024 Conference Call
Turning Point Brands, Inc. (NYSE:TPB) announced the date and time for its third quarter conference call to review results. The conference call will be on Thursday, November 7, 2024 at 10:00 a.m. Eastern. Interested analysts and professional investors can register and participate through one of these call-in numbers: (800) 715-9871 (U.S., toll-free) (646) 307-1963 (International) Event ID: 6640134 Participants should dial in at least 10 minutes in advance and follow the audio prompts after typing in the Event ID. The call will also be broadcast live as a listen-only webcast from the investor relations section of the company's website at http://www.turningpointbrands.com/investor-relations
10/24/24 7:30:00 AM ET
$TPB
Tobacco
Consumer Discretionary

$TPB
Leadership Updates

Live Leadership Updates

Turning Point Brands Appoints Andrew Flynn as Chief Financial Officer
Turning Point Brands, Inc. ("TPB" or the "Company") (NYSE:TPB), a manufacturer, marketer and distributor of branded consumer products, including alternative smoking accessories and consumables with active ingredients, announced today the appointment Andrew Flynn as the Company's new Chief Financial Officer, effective on or before April 1, 2024. Mr. Flynn is replacing Louie Reformina, who will step down to pursue other opportunities. Prior to joining Turning Point Brands, Mr. Flynn served as the CFO of Connected Cannabis Co. where he was responsible for bringing sustained profitable growth, expanding geographically and recapitalizing the company. In this role Mr. Flynn operationalized and
3/11/24 7:30:00 AM ET
$TPB
Tobacco
Consumer Discretionary
Kaival Brands Appoints James W. Dobbins as Senior Vice President, General Counsel
GRANT-VALKARIA, Fla., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) ("Kaival Brands," the "Company," or "we"), today announced that it has appointed James W. Dobbins as General Counsel effective December 5, 2023. Barry Hopkins, Executive Chairman of Kaival Brands, said, "James Dobbins has extensive experience advising companies on a breadth of legal matters, and importantly, he also has a deep, relevant understanding of industry business operations, including corporate governance, M&A, international sourcing, and compliance matters. Along with an anticipated reduction in legal expenses, we are thrilled to welcome James to guide and assist our execut
12/7/23 8:30:00 AM ET
$KAVL
$TPB
Other Consumer Services
Consumer Discretionary
Tobacco
Kaival Brands Appoints New Chief Executive Officer and Chief Financial Officer
Former Turning Points Brands executive Thomas Metzler brings decades of finance and operational industry experience to Kaival Brands as its new Chief Financial Officer Current President & Chief Operating Officer Eric Mosser promoted to Chief Executive Officer GRANT-VALKARIA, Fla., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) ("Kaival Brands," the "Company" or "we," "our" or similar terms), a company focused on incubating and commercializing innovative products into mature and dominant brands, with a current focus on the distribution of electronic nicotine delivery systems (ENDS), which are intended for adults 21 and over, today announced the appoi
8/3/23 8:15:00 AM ET
$KAVL
$TPB
Other Consumer Services
Consumer Discretionary
Tobacco

Turning Point Brands Q1 2024 Adj EPS $0.80 Beats $0.67 Estimate, Sales $97.058M Beat $90.659M Estimate

Chat with this insight

Recent Analyst Ratings for $TPB

$TPB Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13G/A filed by Turning Point Brands Inc.

Amendment: SEC Form SC 13G/A filed by Turning Point Brands Inc.

Amendment: SEC Form SC 13G/A filed by Turning Point Brands Inc.

$TPB Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Director Baxter Gregory H.A. sold $224,990 worth of shares (5,683 units at $39.59), decreasing direct ownership by 12% to 40,861 units (SEC Form 4)

Director Baxter Gregory H.A. sold $78,840 worth of shares (2,000 units at $39.42), decreasing direct ownership by 4% to 46,544 units (SEC Form 4)

Director Baxter Gregory H.A. exercised 14,344 shares at a strike of $3.83 and covered exercise/tax liability with 6,661 shares, increasing direct ownership by 19% to 48,544 units (SEC Form 4)

$TPB Financials

Live finance-specific insights

Turning Point Brands Announces Third Quarter 2024 Results

Turning Point Brands Declares Common Stock Dividend

Turning Point Brands to Host Third Quarter 2024 Conference Call

$TPB SEC Filings

Turning Point Brands Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

Amendment: SEC Form SCHEDULE 13G/A filed by Turning Point Brands Inc.

SEC Form 10-Q filed by Turning Point Brands Inc.

$TPB Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Chief Strategy Officer De Plano Lorenzo bought $127,200 worth of shares (4,000 units at $31.80), increasing direct ownership by 13% to 34,896 units (SEC Form 4)

Chief Revenue Officer Frein Summer bought $69,970 worth of shares (2,260 units at $30.96), increasing direct ownership by 15% to 17,203 units (SEC Form 4)

De Plano Lorenzo bought $420,753 worth of shares (15,043 units at $27.97), increasing direct ownership by 92% to 31,375 units (SEC Form 4)

$TPB Press Releases

Fastest customizable press release news feed in the world

$TPB Insider purchases explained

Analytical look into recent insider purchases

$TPB Market Insights

Live Market Insights

Turning Point Brands Announces Third Quarter 2024 Results

Turning Point Brands Declares Common Stock Dividend

Turning Point Brands to Host Third Quarter 2024 Conference Call

What Does the Recent Purchase at Turning Point Brands Inc. on Jun 18 Indicate?

What Does the Recent Purchase at Turning Point Brands Inc. on Jun 18 Indicate?

Benchmark Reiterates Buy on Turning Point Brands, Maintains $45 Price Target

Benchmark Maintains Buy on Turning Point Brands, Raises Price Target to $45

$TPB Leadership Updates

Live Leadership Updates

Turning Point Brands Appoints Andrew Flynn as Chief Financial Officer

Kaival Brands Appoints James W. Dobbins as Senior Vice President, General Counsel

Kaival Brands Appoints New Chief Executive Officer and Chief Financial Officer

$TPB Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Oppenheimer initiated coverage on Turning Point Brands with a new price target

ROTH MKM initiated coverage on Turning Point Brands with a new price target

The Benchmark Company initiated coverage on Turning Point Brands with a new price target

Recent Analyst Ratings for
$TPB

$TPB
Large Ownership Changes

$TPB
Insider Trading

$TPB
Financials

$TPB
SEC Filings

$TPB
Insider Purchases

$TPB
Press Releases

$TPB
Insider purchases explained

$TPB
Market Insights

$TPB
Leadership Updates

$TPB
Analyst Ratings