Greenlane Holdings Inc expected to post a loss of 93  cents a share - Earnings Preview

Greenlane Holdings

12/08/2022 14:43

* Greenlane Holdings Inc  GNLN.OQ   GNLN.O  is expected
to show a
rise in quarterly revenue when it reports  results on August
16. 
    * The Boca Raton Florida-based  company is expected to
report  a
45.0% increase in revenue to $50.333 million from $34.72 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 93 cents per share. For the same quarter last
year, the company reported a loss of $4.40 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 $40​, above​ its last closing price of $3.58.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -1.41       -1.35      -1.40     Missed  -3.7
 Dec. 31 2022  -2.40       -1.50      -2.00     Missed  -33.3
 Sep. 30 2021  -1.49       -1.40      -4.60     Missed  -228.6
                                                        ​
 Jun. 30 2021  -2.69       -2.75      -4.40     Missed  -60
 ​​Mar.        -1.24       -1.40      -7.20     Missed  -414.3
 31 2021                                                
 Dec. 31 2020  -2.40       -1.70      -12.60    Missed  -641.2
                                                        ​
 Sep. 30 2020  -2.45       -2.05      -3.20     Missed  -56.1
 Jun. 30 2020  -1.71       -1.70      -9.20     Missed  -441.2
 This summary was machine generated August 12 at 13:43 GMT.  All
figures in US dollars  unless otherwise stated