22nd Century Group, Inc (AMEX:XXII) will hold its 3Q20 earnings conference call with the financial community on 5th November 2020 at 8:00 AM Eastern Time.
The conference call will be webcast live on Internet at www.xxiicentury.com
Earnings Expectation
22nd Century Group, Inc is expected to report third quarter earnings results, before market open, on Thursday 5th November 2020. Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.04 per share from revenue of $ 5.50 million. Looking ahead, the full year loss are expected at $ 0.14 per share on the revenues of $ 24.99 million.
22nd Century Group, Inc., a plant biotechnology company, provides technology that allows increasing or decreasing the level of nicotine and other nicotinic alkaloids in tobacco plants, and cannabinoids in hemp/cannabis plants through genetic engineering and plant breeding. It offers premium cigarettes under the RED SUN and MAGIC brands; and SPECTRUM research cigarettes for use in independent clinical studies. The companys products under development include BRAND A, a very low nicotine content cigarette; X-22, a tobacco-based botanical medical product for use as an aid to smoking cessation; and BRAND B, a low-tar-to-nicotine ratio cigarette.