Greenlane Holdings Inc expected to post a loss of 7  cents a share - Earnings Preview

Greenlane Holdings

14/05/2021 14:26

* Greenlane Holdings Inc  GNLN.OQ   GNLN.O  is expected to show
a rise in quarterly revenue when it reports results on May 18 .
* The Boca Raton, Florida-based company is expected to report 
 a 7.1% increase in revenue to $36.26 million from $33.87
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 7 cents per share. For the same quarter last
year, the company reported a loss of 58 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 53.7% above​ its last closing price
of $3.47. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  -0.13       -0.12      -0.58     Missed  -364
 Dec.          -0.07​      -0.07      -0.74     Missed  -920.7
 31​ 2019​                                              ​
 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 May 14 at 13:26 GMT.  All
figures in US dollars unless otherwise stated