Greenlane Holdings Inc reports results for the quarter ended in December - Earnings Summary

Greenlane Holdings

31/03/2022 03:41

* Greenlane Holdings Inc  GNLN.OQ  reported a quarterly
adjusted
loss of 10 cents​​ per share for the quarter ended in December.
The mean expectation of five analysts for the quarter was for a
loss of 7 cents per share.
    * Revenue rose 54.4% to $56.02 million from a year ago; 
analysts
expected $57.49 million. 
    * Greenlane Holdings Inc's reported EPS for the quarter was
a loss
of 9 cents​.
    * The mean earnings estimate of analysts had risen by
about 3.2%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Greenlane Holdings Inc shares had fallen by 35.2% this
quarter.
    * The company reported a quarterly loss of $7 million.
    * Wall Street's median 12-month price target for Greenlane
Holdings Inc is $4.50 
    * 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." 

This summary was machine generated March 31 at 02:40 a.m.  ​All
figures in US dollars unless otherwise stated