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

Clever Leaves Holdings

11/08/2022 22:03

* Clever Leaves Holdings Inc  CLVR.OQ  reported a quarterly
adjusted loss of 20 cents​​ per share for the quarter ended in
June. The mean expectation of three analysts for the quarter was
for a loss of 23 cents per share.
    * Revenue rose 26.8% to $4.66 million from a year ago;
analysts
expected $5.55 million. 
    * Clever Leaves Holdings Inc's reported EPS for the quarter
was a
loss of 3 cents​.
    * The mean earnings estimate of analysts had risen by
about 44.6%
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 10.7% this
quarter and lost 65.2% so far this year.
    * The company reported a quarterly loss of $1.05 million.
    * Wall Street's median 12-month price target for Clever
Leaves
Holdings Inc is $4.00 
    * 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." 

This summary was machine generated from Refinitiv data August 11
at 09:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.23          -0.20          Beat
 Mar. 31 2022      -0.44          -0.58          Missed
 Dec. 31 2021      -0.53          -0.91          Missed
 Sep. 30 2021      -0.40          -0.09          Beat