Vector Group (VGR) Tops Q4 EPS by 9c, Revenues Beat

Vector Group (NYSE: VGR) reported Q4 EPS of $0.22, $0.09 better than the analyst estimate of $0.13. Revenue for the quarter came in at $445.9 million versus the consensus estimate of $444.6 million.

• Fourth quarter of 2018 Adjusted EBITDA attributed to Vector Group (as described in Table 2 attached hereto) were $54.1 million, compared to $55.4 million for the fourth quarter of 2017.
• Adjusted Net Income (as described in Table 3 attached hereto) was $32.3 million, or $0.22 per diluted share, for the fourth quarter of 2018, and $13.0 million or $0.07 per diluted share for the fourth quarter of 2017.
• Adjusted Operating Income (as described in Table 4 attached hereto) was $48.5 million for the fourth quarter of 2018, compared to $49.2 million for the fourth quarter of 2017.
• Year ended December 31, 2018 compared to the year ended December 31, 2017
• Adjusted EBITDA attributed to Vector Group Ltd. (as described in Table 2 attached hereto) were $242.0 million for the year ended December 31, 2018 compared to $259.3 million for the year ended December 31, 2017.
• Adjusted Net Income (as described in Table 3 attached hereto) was $87.6 million, or $0.58 per diluted share, for the year ended December 31, 2018, and $86.2 million, or $0.58 per diluted share for the year ended December 31, 2017.
• Adjusted Operating Income (as described in Table 4 attached hereto) was $217.4 million for the year ended December 31, 2018 compared to $238.4 million for the year ended December 31, 2017.

For earnings history and earnings-related data on Vector Group (VGR) click here.

You May Also Be Interested In

• Keurig Dr Pepper coffee chief to depart ahead of planned split
• OneMain (OMF) Reiterated at Market Outperform by Citizens on Updated Estimates
• Robinhood prices $2B convertible notes offering due 2029