Clever Leaves Holdings Inc reports results for the quarter ended in December - Earnings Summary

Clever Leaves Holdings

30/03/2023 22:39

* Clever Leaves Holdings Inc  CLVR.OQ  reported a quarterly
adjusted loss of 13 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for a loss of 15 cents per share.
    * Revenue rose 10% to $4.61 million from a year ago;
analysts
expected $4.15 million. 
    * Clever Leaves Holdings Inc's reported EPS for the quarter
was a
loss of 66 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Clever Leaves Holdings Inc shares had risen by 31.6% this
quarter.
    * The company reported a quarterly loss of $37.35 million.
    * Wall Street's median 12-month price target for Clever
Leaves
Holdings Inc is $2.28 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 30 at 09:39 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.15          -0.13          Beat
 Sep. 30 2022      -0.17          -0.48          Missed
 Jun. 30 2022      -0.23          -0.20          Beat
 Mar. 31 2022      -0.44          -0.58          Missed