Revenue Update on Turning Point Brands(NYSE:TPB)

Turning Point Brands(NYSE:TPB) announced the earnings results for Fiscal Year 2016 and Q1. The results came in during Pre-market on Jun 15, 2016. Company reported revenue of $49.87M. Analysts estimated a revenue of $49.90M. Earnings per share were $0.27. Analysts had estimated an EPS of $0.20.

In a different note, Cowen & Company said it Initiates Coverage on Turning Point Brands, according to a research note issued on Jun 6, 2016. The shares have been rated ‘Outperform’ by the firm. FBR Capital said it Initiates Coverage on Turning Point Brands, according to a research note issued on Jun 6, 2016. The shares have been rated ‘Outperform’ by the firm.

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