Vector Group VGR reported its Q2 earnings results on Friday, August 5, 2022 at 07:45 AM.
Here’s what investors need to know about the announcement.
Earnings
Vector Group missed estimated earnings by 28.57%, reporting an EPS of $0.25 versus an estimate of $0.35.
Revenue was down $342.33 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.08 which was followed by a 7.03% increase in the share price the next day.
Here’s a look at Vector Group’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.25 | 0.43 | 0.39 | 0.25 |
| EPS Actual | 0.17 | 0.26 | 0.34 | 0.63 |
| Revenue Estimate | 285.70M | 612.20M | 651.80M | 559.30M |
| Revenue Actual | 312.04M | 313.67M | 652.65M | 729.53M |
To track all earnings releases for Vector Group visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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