Turning Point Brands Q2: Great Underlying Growth Goes Unnoticed
Turning Point Brands(TPB) Seeking Alpha·2024-08-02 10:50
Andrii Atanov/iStock via Getty Images Turning Point Brands, Inc. (NYSE:TPB) reported the company's Q2 results on Thursday in pre-market hours, showing a clear earnings beat compared to Wall Street analysts' estimates. The stock opened on the stock market with a neutral reaction, surprisingly so as the report was in my opinion clearly great. In my previous article on the stock, I initiated Turning Point Brands at Buy rating due to the company's great, stable cash flow yield in the slow industry. I also noted ...