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

Greenlane Holdings

13/05/2022 13:38

* Greenlane Holdings Inc  GNLN.OQ   GNLN.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 17. 
    * The Boca Raton Florida-based  company is expected to
report  a
51.4% increase in revenue to $51.505 million from $34.01 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 36 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 $2​, above​ its last closing price of $0.31. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.12       -0.07      -0.10     Missed  -33.3
 Sep. 30 2021  -0.07       -0.07      -0.23     Missed  -228.6
 Jun. 30 2021  -0.13       -0.14      -0.22     Missed  -60​
 Mar. 31 2021  -0.06       -0.07      -0.36     Missed  -414.3
 ​​Dec.        -0.12       -0.08      -0.63     Missed  -641.2
 31 2020                                                
 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
 This summary was machine generated May 13 at 12:38 GMT.  All
figures in US dollars  unless otherwise stated