Vector Group (VGR) Tops Q3 EPS by 3c, Revenues Beat
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Vector Group Reports Third Quarter 2018 Financial Results
November 7, 2018 7:30 AM ESTMIAMI--(BUSINESS WIRE)-- Vector Group Ltd. (NYSE: VGR) today announced financial results for the three and nine months ended September 30, 2018.
GAAP Financial Results
Third quarter 2018 revenues were $513.9 million, compared to revenues of $484.6 million in the third quarter of 2017. The Company recorded operating income of $66.0 million in the third quarter of 2018, compared to operating income of $59.7 million in the third quarter of 2017. Net income attributed to Vector Group Ltd. for the third quarter of 2018 was $12.0 million, or $0.07 per diluted common share, compared to net income of $19.3 million, or $0.13 per diluted common... More
