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

Greenlane Holdings

17/08/2021 24:04

* Greenlane Holdings Inc  GNLN.OQ  reported a quarterly adjusted
loss of 22 cents​​ per share for the quarter ended in June. The
mean expectation of four analysts for the quarter was for a loss
of 14 cents per share.
* Revenue rose 7.1% to $34.72 million from a year ago;  analysts
expected $35.54 million. 
* Greenlane Holdings Inc's reported EPS for the quarter was a
loss of 16 cents​.
* The mean earnings estimate of analysts had fallen by
about 175% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Greenlane Holdings Inc shares had fallen by 45.2% this
quarter and lost 38.1% so far this year.
* The company reported a quarterly loss of $3.04 million.
* Wall Street's median 12-month price target for Greenlane
Holdings Inc is $7.50 
* 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." 
This summary was machine generated August 16 at 11:04 p.m.  ​All
figures in US dollars unless otherwise stated