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

Clever Leaves Holdings

09/11/2022 22:41

* Clever Leaves Holdings Inc  CLVR.OQ  reported a quarterly
adjusted loss of 48 cents​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for a loss of 17 cents per share.
    * Revenue fell 18% to $3.31 million from a year ago;
analysts
expected $5.50 million. 
    * Clever Leaves Holdings Inc's reported EPS for the quarter
was a
loss of 48 cents​.
    * The mean earnings estimate of analysts had risen by
about 20% 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 fallen by 13.6% this
quarter and lost 83.2% so far this year.
    * The company reported a quarterly loss of $20.16 million.
    * Wall Street's median 12-month price target for Clever
Leaves
Holdings Inc is $3.00 
    * 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 November
9 at 10:41 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.17          -0.48          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