)
Edge17 Oct 2025
A Castle in the Sky: The Story of Oracle
Oracle's journey from database innovator to disciplined enterprise backbone, now shaping the AI buildout with a standardized cloud infrastructure.
Vector Group (VGR) investor relations material
Vector Group Q2 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2024 earnings summary1 Aug, 2024
Executive summary
Q2 2024 revenue rose 1.7% year-over-year to $371.9M; net income increased 42% to $54.2M ($0.34/share); operating income was $97.8M, up 36.5% from Q2 2023.
Six-month 2024 revenue was $696.5M (down 0.5% year-over-year); net income rose to $89M ($0.56/share) from $72.8M ($0.46/share).
Montego expanded as the largest U.S. discount brand, driving market share and margin gains.
Management remains confident in sustaining momentum, continuing dividend policy, and driving long-term value.
Vector Group operates tobacco and real estate businesses, with consolidated cash, securities, and investments totaling $579M as of June 30, 2024.
Financial highlights
Q2 2024 adjusted EBITDA was $103.3M (up 9.8%); six-month adjusted EBITDA was $186M (up 8.1%).
Q2 2024 adjusted net income was $53.3M ($0.34/share); six-month adjusted net income was $90.5M ($0.57/share).
Cash and equivalents as of June 30, 2024 were $390.8M; total liquidity including investments was $579M.
Q2 2024 EPS was $0.34, up from $0.24; six-month EPS was $0.56, up from $0.46.
Cash provided by operations for the first half of 2024 was $215.3M; dividends paid totaled $63.5M.
Outlook and guidance
Management expects continued positive cash flow and sufficient liquidity to meet obligations over the next 12 months.
Inflationary pressures on raw materials are stabilizing, but cigarette market volume declines are expected to continue.
Liggett is expected to be less impacted by potential menthol bans due to lower menthol exposure.
Management highlights a perpetual cost advantage in tobacco due to MSA exemptions.
Management remains confident in sustaining performance and driving long-term shareholder value.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Company Research17 Oct 2025
Beneath the Surface: A Conversation with Epiroc CEO Helena Hedblom
Legacy, innovation, and leading one of Sweden's most influential industrial companies into a new era.
)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Frequently asked questions
Vector Group Ltd. is a holding company primarily engaged in the tobacco and real estate industries. Through its subsidiaries, the company manufactures and markets cigarettes under various brand names, serving the U.S. tobacco market. In addition to its tobacco business, Vector Group operates a real estate segment that includes investment, brokerage, and development activities, primarily through its subsidiary, Douglas Elliman. Vector Group Ltd. is headquartered in Miami, Florida, and its shares are listed on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage