Vector Group (VGR) to Release Earnings on Wednesday

Vector Group (NYSE:VGR) is scheduled to post its quarterly earnings results before the market opens on Wednesday, August 7th. Analysts expect Vector Group to post earnings of $0.10 per share for the quarter.

Vector Group (NYSE:VGR) last announced its quarterly earnings results on Tuesday, May 7th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.07). Vector Group had a net margin of 3.54% and a negative return on equity of 18.17%. The company had revenue of $420.90 million for the quarter, compared to analyst estimates of $437.00 million. During the same quarter in the prior year, the business earned $0.04 earnings per share. Vector Group’s revenue was down 1.9% on a year-over-year basis. On average, analysts expect Vector Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of VGR traded down $0.05 during trading on Friday, reaching $11.05. 498,564 shares of the company traded hands, compared to its average volume of 1,545,221. Vector Group has a twelve month low of $8.62 and a twelve month high of $18.66. The firm has a market cap of $1.56 billion, a PE ratio of 19.05 and a beta of 0.74. The business’s 50-day moving average is $9.92.

A number of equities research analysts have weighed in on the stock. ValuEngine upgraded shares of Vector Group from a “strong sell” rating to a “sell” rating in a research report on Wednesday. Zacks Investment Research upgraded shares of Vector Group from a “sell” rating to a “hold” rating in a research report on Saturday, July 13th.

About Vector Group

Vector Group Ltd., through its subsidiaries, manufactures and sells cigarettes in the United States. It operates in two segments, Tobacco and Real Estate. The company produces cigarettes in 109 combinations under the Pyramid, EAGLE 20's, Grand Prix, Liggett Select, Eve, and USA brand names, as well as various partner and private label brands.

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Earnings History for Vector Group (NYSE:VGR)

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