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

Greenlane Holdings

16/11/2021 06:02

* Greenlane Holdings Inc  GNLN.OQ  reported a quarterly adjusted
loss of 23 cents​​ per share for the quarter ended in September.
The mean expectation of five analysts for the quarter was for a
loss of 7 cents per share.
* Revenue rose 15.5% to $41.31 million from a year ago; 
analysts expected $43.73 million. 
* Greenlane Holdings Inc's reported EPS for the quarter was a
loss of 41 cents​.
* The mean earnings estimate of analysts had risen by
about 31.7% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Greenlane Holdings Inc shares had fallen by 15.6% this
quarter and lost 49.5% so far this year.
* The company reported a quarterly loss of $16.28 million.
* Wall Street's median 12-month price target for Greenlane
Holdings Inc is $5.00 
* 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 November 16 at 06:02 a.m.
 ​All figures in US dollars unless otherwise stated