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Vector Group Q3 2023 Earnings Report

Vector Group EPS Results

Actual EPS
$0.33
Consensus EPS
$0.29
Beat/Miss
Beat by +$0.04
One Year Ago EPS
N/A

Vector Group Revenue Results

Actual Revenue
$364.11 million
Expected Revenue
$387.50 million
Beat/Miss
Missed by -$23.39 million
YoY Revenue Growth
N/A

Vector Group Announcement Details

Quarter
Q3 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

Vector Group Earnings Headlines

Japan Tobacco: The Vector Group Acquisition Impact
$5,000 DOGE check?
Elon Musk's DOGE agenda just took a very surprising turn... Earlier this week, reports emerged that a portion of the savings DOGE makes in Federal cuts could be funneled back to taxpayers. The media was quick to dub it a DOGE Dividend, with claims circulating that we could all receive a $5,000 check in the mail.
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About Vector Group

Vector Group (NYSE:VGR), through its subsidiaries, engages in the manufacture and sale of cigarettes in the United States. It operates in two segments, Tobacco and Real Estate. The company produces cigarettes under the Montego, EAGLE 20's, Pyramid, Grand Prix, Liggett Select, Eve, and USA brand names, as well as various partner and private label brands. It also invests in planned communities, condominium and mixeduse developments, apartment buildings, hotels, and commercial properties. The company markets and sells its cigarettes to wholesalers and distributors of tobacco and convenience products, as well as grocery, drug, and convenience store chains. The company was formerly known as Brooke Group Ltd. and changed its name to Vector Group Ltd. in May 2000. Vector Group Ltd. was founded in 1873 and is headquartered in Miami, Florida.

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