Clever Leaves Holdings Inc expected to post a loss of 23  cents a share - Earnings Preview

Clever Leaves Holdings

10/08/2022 03:04

* Clever Leaves Holdings Inc  CLVR.OQ   CLVR.O  is expected
to show a rise in quarterly revenue when it reports  results on
August 11. 
    * The Boca Raton Florida-based  company is expected to
report  a
51.1% increase in revenue to $5.548 million from $3.67 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Clever Leaves
Holdings
Inc is for a loss of 23 cents per share. For the same quarter
last year, the company reported a loss of 35 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Clever
Leaves
Holdings Inc is $4​, above​ its last closing price of $0.99. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.45       -0.44      -0.58     Missed  -31.8
 Dec. 31 2022  -0.62       -0.53      -0.91     Missed  -71.7
 Sep. 30 2021  -0.40       -0.40      -0.09     Beat    77.5​
 Jun. 30 2021  -0.37       -0.36      -0.35     Beat    4.1
 ​​                                                     
                                                        ​
 This summary was machine generated August 10 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated