Greenlane Holdings Inc expected to post a loss of 13 cents a share - Earnings Preview

Greenlane Holdings

03/08/2021 16:26

* Greenlane Holdings Inc  GNLN.OQ   GNLN.O  is expected to show
a rise in quarterly revenue when it reports results on August
17. 
* The Boca Raton, Florida-based company is expected to report 
 a 9.7% increase in revenue to $35.544 million from $32.4
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Greenlane Holdings Inc
is for a loss of 13 cents per share. For the same quarter last
year, the company reported a loss of 46 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 4 "strong buy" or
"buy," no "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 $7.5​, about 54.7% above​ its last closing price
of $3.40. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.06       -0.07      -0.36     Missed  -414.3
 Dec. 31 2020  -0.12       -0.08      -0.63     Missed  -641.2
 Sep. 30 2020  -0.12       -0.10      -0.16     Missed  -56.1​
 Jun. 30 2020  -0.09       -0.08      -0.46     Missed  -441.2
 Mar.          -0.13​      -0.12      -0.58     Missed  -364​
 31​ 2020​                                              
 Dec. 31 2019  -0.07       -0.07      -0.74     Missed  -920.7
                                                        ​
 Sep. 30 2019  -0.04       -0.04      -0.49     Missed  -1,189
                                                        .5
 Jun. 30 2019  -0.03       -0.03      0.17      Beat    666.7
 This summary was machine generated August 3 at 15:26 GMT.  All
figures in US dollars unless otherwise stated