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

Greenlane Holdings

16/08/2022 21:48

* Greenlane Holdings Inc  GNLN.OQ  reported a quarterly
adjusted
loss of $2.27​​ per share for the quarter ended in June. The
mean expectation of five analysts for the quarter was for a loss
of 93 cents per share.
    * Revenue rose 15% to $39.92 million from a year ago;
analysts
expected $50.33 million. 
    * Greenlane Holdings Inc's reported EPS for the quarter was
a loss
of $2.27​.
    * The mean earnings estimate of analysts had risen by
about 1.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Greenlane Holdings Inc shares had fallen by 11.7% this
quarter and lost 82.0% so far this year.
    * The company reported a quarterly loss of $12.12 million.
    * Wall Street's median 12-month price target for Greenlane
Holdings Inc is $40.00 
    * 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 from Refinitiv data August 16
at 08:48 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.93          -2.27          Missed
 Mar. 31 2022      -1.35          -1.40          Missed
 Dec. 31 2021      -1.50          -2.00          Missed
 Sep. 30 2021      -1.40          -4.60          Missed