22nd Century Group Inc Earnings
The next earnings date for 22nd Century Group Inc has not yet been scheduled.
Analyst Estimates of 22nd Century Group Inc Earnings
What is an Earnings Date
An earnings date is typically considered to be the date that a company publicly announces its earnings. Many companies in the US stock market do earnings announcements once per quarter.
Earnings announcements are typically accompanied by commentary from the company that explains the earnings performance and speaks to future earnings prospects.
Earnings announcements can cause a company’s stock price to change abruptly, so earnings dates are closely monitored by some investors.
22nd Century Group Inc Earnings: Historical
More About 22nd Century Group Inc
22nd Century Group, Inc., a tobacco products company, manufactures, distributes, and sells proprietary new reduced nicotine tobacco products in the United States. The company offers reduced nicotine content tobacco and very low nicotine combustible cigarette products. It also provides contract manufacturing services for conventional combustible tobacco products for third-party brands, as well as turnkey contract manufacturing of cigarettes and filtered cigars for other established tobacco brands. 22nd Century Group, Inc. was founded in 1998 and is headquartered in Mocksville, North Carolina.
“22nd Century Group Inc Earnings” Can Refer to the 22nd Century Group Inc Earnings Date
Some people say “22nd Century Group Inc earnings” as a shortform way to refer to the earnings date.
For example, someone might say, “I plan to hold my 22nd Century Group Inc position through earnings.” That typically means the person is going to hold their position through the upcoming earnings date.
Owning 22nd Century Group Inc Stock on the Earnings Date
If you own 22nd Century Group Inc stock (XXII) on the earnings date, then you will be exposed to the potential price volatility that often accompanies earnings announcements.
A company’s earnings typically have a big impact on its stock price, which explains why the stock price for 22nd Century Group Inc might exhibit major fluctuations on the day of the earnings announcement. The price fluctuations can go in either direction (up or down), representing a larger potential investment risk and reward than many other days of the year.
There is often a big audience of investors involved with trading 22nd Century Group Inc shares of stock on its earnings day. This means there is typically more trading volume, liquidity, and price volatility on the day earnings are announced.
These features are attractive to some types of active traders who are looking for stocks that exhibit large price movements and substantial volume.
Learning More 22nd Century Group Inc Earnings
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