Village Farms International Inc expected to post a loss of 2 cents a share - Earnings Preview

Village Farms International

06/05/2024 14:23

* Village Farms International Inc  VFF.OQ   VFF.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 8 for the period ending March 31 2024
    * The Delta British Columbia-based  company is expected to
report
a 11.3% increase in revenue to $71.938 million from $64.66
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Village Farms
International
Inc is for a loss of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"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 Village
Farms
International Inc is $1.75​, above​ its last closing price
of $1.34. ​​​

The company's guidance on March 13 2024 for the period ended
March 31 was for gross profit margin of 30%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.02       -0.02      -0.08     Missed  -344.4
 Sep. 30 2023  -0.05       -0.04      -0.01     Beat    75
 Jun. 30 2023  -0.04       -0.04      -0.01     Beat    76.2​
 Jan. 1 0001   -0.05       -0.05      -0.06     Missed  -25
 ​​Dec.        -0.13       -0.09      -0.54     Missed  -468.4
 31 2022                                                
 Sep. 30 2022  -0.09       -0.09      -0.10     Missed  -11.1​
 Jan. 1 0001   -0.07       -0.07      -0.41     Missed  -459.1
 Mar. 31 2022  -0.01       -0.01      -0.07     Missed  -775
 This summary was machine generated May 6 at 13:22 GMT.  All
figures in US 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)