Turning Point Brands reports Q4 adjusted EPS 85c, consensus 88c

Reports Q4 revenue $121.01M, consensus $120.42M. Graham Purdy, president and CEO, commented “We are excited by the growth of the modern oral category and the strong performance of our FRE and ALP brands. We are well positioned to achieve double-digit share of the category over time, while our legacy brands continue to generate durable cash flows that provide strong funding for investment in future growth.”