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Vector: 4Q Earnings Snapshot

Associated Press
Updated ·1-min read

MIAMI (AP) _ Vector Group Ltd. (VGR) on Friday reported fourth-quarter profit of $10.7 million.

On a per-share basis, the Miami-based company said it had net income of 6 cents. Earnings, adjusted for one-time gains and costs, came to 11 cents per share.

The discount cigarette maker posted revenue of $439.6 million in the period.

For the year, the company reported profit of $101 million, or 63 cents per share. Revenue was reported as $1.9 billion.

Vector shares have declined 11% since the beginning of the year. The stock has increased slightly more than 9% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VGR at https://www.zacks.com/ap/VGR