Greenlane Holdings Inc expected to post a loss of $1.12 a share - Earnings Preview

Greenlane Holdings

24/03/2023 21:07

* Greenlane Holdings Inc  GNLN.OQ   GNLN.O  is expected
to show a
fall in quarterly revenue when it reports  results on March 28
(estimated). 
    * The Boca Raton Florida-based  company is expected to
report  a
51.8% decrease in revenue to $26.99 million from $56.02 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Greenlane Holdings
Inc is
for a loss of $1.12 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 Greenlane
Holdings Inc is $4.33​, above​ its last closing price of $0.34.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -1.21       -1.20      -11.43    Missed  -850.5
 Jun. 30 2022  -0.88       -0.93      -2.27     Missed  -143.2
 Mar. 31 2022  -1.41       -1.35      -1.40     Missed  -3.7​
 Dec. 31 2021  -2.40       -1.50      -2.00     Missed  -33.3
 ​​Sep.        -1.49       -1.40      -4.60     Missed  -228.6
 30 2021                                                
 Jun. 30 2021  -2.69       -2.75      -4.40     Missed  -60​
 Mar. 31 2021  -1.24       -1.40      -7.20     Missed  -414.3
 Dec. 31 2020  -2.40       -1.70      -12.60    Missed  -641.2
 This summary was machine generated March 24 at 21:07 GMT.  All
figures in US dollars  unless otherwise stated