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

Greenlane Holdings

13/11/2021 24:41

* Greenlane Holdings Inc  GNLN.OQ   GNLN.O  is expected to show
a rise in quarterly revenue when it reports  results on November
15. 
* The Boca Raton, Florida-based company is expected to report  a
22.3% increase in revenue to $43.728 million from $35.76 million
a year ago, according to the mean estimate from 5 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 16 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 6 "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 $5​, about 58.6% above​ its last closing price
of $2.07. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2021  -0.13       -0.14      -0.22     Missed  -60
 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.        -0.09       -0.08      -0.46     Missed  -441.2
 30 2020                                                
 Mar. 31 2020  -0.13       -0.12      -0.58     Missed  -364​
 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
 This summary was machine generated November 13 at 00:41 GMT. 
All figures in US dollars  unless otherwise stated