Flora Growth Corp reports results for the quarter ended March 31 - Earnings Summary
14/05/2025 24:53
Flora Growth Corp FLGC.OQ reported a quarterly adjusted loss of 10 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -28 cents. The mean expectation of two analysts for the quarter was for earnings of 3 cents per share. Revenue fell 34.6% to $11.79 million from a year ago; analysts expected $15.42 million. Flora Growth Corp's reported EPS for the quarter was a loss of 4 cents. The company reported a quarterly loss of $758 thousand. Flora Growth Corp shares had risen by 24.0% this quarter and lost 27.2% so far this year. FORECAST CHANGES The mean earnings estimate of analysts was unchanged in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the healthcare facilities & services peer group is also "buy" Wall Street's median 12-month price target for Flora Growth Corp is $4.00 This summary was machine generated from LSEG data May 13 at 11:53 p.m. UTC. 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)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Mar. 31 2025 | 0.03 | -0.10 | Missed |
| Dec. 31 2024 | -0.11 | -0.41 | Missed |
| Sep. 30 2024 | -0.08 | -0.25 | Missed |
| Jun. 30 2024 | -0.04 | -0.20 | Missed |