Sunday, June 1, 2025

Latest

Cresco Labs: Analyst Expectations For Q2 2021

Cresco Labs (CSE: CL) announced that they will be reporting their second quarter financials before the market opens on August 13.

Analysts have a consensus C$23.31 12-month price target on the company, via a total of 17 analysts, with 5 analysts having a strong buy rating, 11 analysts have a buy rating and a single analyst has a hold rating. The street high comes in at a C$36 price target, and the lowest target comes in at a C$13.66 price target.

13 analysts have revenue estimates for the second quarter. The mean between all 13 is $194.72 million; this number has been the same since the start of the year. The street high is $216.20 million while the lowest sits at $187 million.

8 analysts have estimates for what this quarter’s gross profit margin will be. They expect the profit margin to come in at 50.65%, with this number being revised slightly higher from 49.25% at the start of the year. Street high goes to Beacon Securities with a 52% estimate and the lowest sits at 50%.

Onto EBITDA estimates, there are currently 131analysts who have second quarter EBITDA estimates. The mean is currently $44.56 million, with this number being lower than at the start of the year. Street high goes to ATB Capital Markets with a $47.30 million EBITDA estimate and the lowest being a $40.99 million estimate.


Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

Alamos Gold Q1 Earnings: The Inside Scoop

Cerrado Gold Q4 Earnings: The Turnaround is Working

B2GOLD Q1 Earnings: Revenue Up, Production & Cash Flow Decline

Recommended

Canadian Copper: The $172M Combined Strategy PEA

ESGold Begins Concentration Tests Ahead Of First Production

Related News

Endeavour Silver: BMO Reiterates Price Target Despite Big Production Beat

Endeavour Silver Corp. (TSX: EDR) last week reported its second-quarter production results. The company announced...

Thursday, July 14, 2022, 02:25:00 PM

BMO Lifts Long Term Uranium Price Outlook To $58 Per Pound

On Sunday BMO Capital Markets released an in-depth report on the uranium market, saying that...

Tuesday, June 28, 2022, 02:55:00 PM

Raymond James: Cronos Financials A “Relative Non-Event”

On February 26th, Cronos Group (TSX: CRON) (NASDAQ: CRON) reported fourth quarter and full year...

Sunday, February 28, 2021, 01:40:00 PM

PI Financial: Trulieve, Cresco Labs Top Cannabis Picks For 2020

This morning PI Financial came out with their mid-year top picks for 2020. Among the...

Monday, July 13, 2020, 01:25:25 PM

Green Thumb: Analysts Upgrade Ratings On Back Of Earnings Beat

This morning Canaccord Genuity raised their 12-month price target on Green Thumb Industries (CSE: GTII)...

Thursday, November 12, 2020, 10:50:37 AM