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

Greenlane Holdings

15/11/2022 22:01

* Greenlane Holdings Inc  GNLN.OQ  reported a quarterly
adjusted
loss of $11.43​​ per share for the quarter ended in September.
The mean expectation of five analysts for the quarter was for a
loss of $1.20 per share.
    * Revenue fell 30.6% to $28.68 million from a year ago;
analysts
expected $36.56 million. 
    * Greenlane Holdings Inc's reported EPS for the quarter was
a loss
of $11.43​.
    * The mean earnings estimate of analysts had fallen by
about 79.5%
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 66.9% this
quarter and lost 97.2% so far this year.
    * The company reported a quarterly loss of $75.11 million.
    * Wall Street's median 12-month price target for Greenlane
Holdings Inc is $6.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
15 at 10:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -1.20          -11.43         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