Turning Point Brands (TPB) reported preliminary Q4 net sales of $93.1 million to $94.1 million.
Four analysts polled by FactSet expect $102.3 million.
The preliminary data showed adjusted EBITDA in the three months ended Dec. 31 will be $25.3 million to $26.3 million, Turning Point Brands said Monday in a regulatory filing.
Four analysts surveyed by FactSet project $23.9 million, if applicable.
The results will be released no later than March 15.
The company released the estimates in connection with its proposed private offering of $300 million of senior secured notes due 2032.
Proceeds will be used to redeem or refinance all of its existing notes and for general corporate purposes.
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