OrganiGram Holdings Inc expected to post a loss of 7 cents a share - Earnings Preview

Organigram Global

31/07/2024 21:27

* OrganiGram Holdings Inc  OGI.TO   is expected to report
resultson August 2 (estimated) for the period ending June
30 2024
    * The Moncton New Brunswick-based  company is expected to
report
revenue of C$39.236 million, according to the mean estimate from
6 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for OrganiGram Holdings Inc
is for
a loss of 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for OrganiGram
Holdings Inc is C$3.75​, above​ its last closing price
of C$2.30. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.09       -0.09      -0.26     Missed  -178.6
  2024                                                  
                                                        ​
 ​​                                                     
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 This summary was machine generated July 31 at 20:27 GMT.  All
figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)