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Vector Group Ltd. (NYSE:VGR ) Q2 2024 Earnings Conference Call August 1, 2024 8:00 AM ET Company Participants Howard Lorber - President and CEO Nicholas Anson - President and COO, Liggett Group and Liggett Vector Brands Bryant Kirkland - SVP, Treasurer, and CFO Conference Call Participants Ian Zaffino - Oppenheimer & Co. Hale Holden - Barclays Karru Martinson - Jefferies Operator Welcome to Vector Group Ltd.
Vector Group (VGR) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.32 per share a year ago.
SALT LAKE CITY , July 2, 2024 /PRNewswire/ -- Co-Diagnostics, Inc. (Nasdaq: CODX) (the "Company" or "Co-Dx™"), a molecular diagnostics company with a unique, patented platform for the development of molecular diagnostic tests, announced today that use of the Company's vector control technology will expand to the 15th U.S. state following an installation in Nevada next week. Co-Dx vector control technology includes Vector Smart® PCR tests used in environmental (non-diagnostic) surveillance of mosquito pools for mosquito-borne illnesses like West Nile virus, Zika, dengue and chikungunya.
SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, today announced a partner integration package with LangChain that will simplify the import of vector database and retrieval capabilities of Elasticsearch into LangChain applications. This deeper collaboration and native support will empower developers to leverage common retrieval strategies to bring greater context, relevancy, and accuracy to their application builds. “Our collaboration with Elastic in the last 12 mont.
LAS VEGAS, NV / ACCESSWIRE / May 20, 2024 / ConMet, a leader in sustainable solutions for the transportation industry, is proud to showcase its latest freight efficiency technologies at ACT Expo 2024. From May 20-23, attendees can visit ConMet's booth, number 1220, at the Las Vegas Convention Center to explore these cutting-edge advancements. ConMet booth at ACT Expo 2024Among the impressive technologies on display are the Nmotion™ in-wheel power generators, TruckWings® active aerodynamics, PreSet Plus® wheel ends, interior and exterior plastic systems, and lightweight cast components. These technologies highlight ConMet's commitment to revolutionizing the freight industry by increasing efficiency and reducing environmental impact.The Nmotion TR series of power generators for refrigerated trailers is a game-changer for improving freight efficiency in commercial vehicles. Utilizing in-wheel electric motors, this technology generates power that can be used to operate an electric tran
MIAMI--(BUSINESS WIRE)--Vector Group Ltd. (NYSE: VGR) today announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock of $0.20 per share. The quarterly cash dividend will be payable on June 14, 2024, to holders of record as of June 5, 2024. Vector Group is a holding company for Liggett Group LLC, Vector Tobacco LLC and New Valley LLC. Additional information concerning the company is available on the Company's website, www.VectorGroupLtd.com.
Vector Group (VGR) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.22 per share a year ago.
The best dividend stocks are those that can produce both steady returns from both their quarterly payouts and from long-term price appreciation. For the most part, these names offer more of the latter than of the former.
Vector Group Ltd. has gained 42.87% over the last 5 years and is undervalued with double-digit upside potential. VGR has a strong dividend history, beating sector medians, and a resilient and profitable tobacco business segment. The company's low-cost business model, growing market share, and attractive valuation make it a compelling investment opportunity.
Vector Group Ltd. is a diversified holding company in the tobacco sector, with its brands, including the fourth largest cigarette brand in the US, Montego. The company's operating income increased by 7.6% in 2022, driven by the sales of its Montego brand. Regulatory challenges, such as the FDA's potential ban on menthol cigarettes, could impact VGR's products, but the stock is undervalued and offers a robust dividend yield.