Turning Point Brands Full Year 2024 Earnings: Misses Expectations

Simply Wall St

March 10, 2025

Turning Point Brands (NYSE:TPB) Full Year 2024 Results

Key Financial Results

Revenue: US$360.7m (up 11% from FY 2023).
Net income: US$47.3m (up 22% from FY 2023).
Profit margin: 13% (up from 12% in FY 2023). The increase in margin was driven by higher revenue.
EPS: US$2.67 (up from US$2.20 in FY 2023).

revenue-and-expenses-breakdown — NYSE:TPB Revenue and Expenses Breakdown March 10th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Turning Point Brands Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) also missed analyst estimates by 19%.

The primary driver behind last 12 months revenue was the Zig-Zag Products segment contributing a total revenue of US$192.4m (53% of total revenue). The largest operating expense was General & Administrative costs, amounting to US$95.6m (62% of total expenses). Explore how TPB's revenue and expenses shape its earnings.

Looking ahead, revenue is expected to decline by 39% p.a. on average during the next 3 years, while revenues in the Global Tobacco industry are expected to grow by 2.3%.

Performance of the market in the US.

The company's shares are down 13% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Turning Point Brands you should know about.

Valuation is complex, but we're here to simplify it.

Discover if Turning Point Brands might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.