Curaleaf: Analysts Expect Q2 Revenue To Meet Low End Of Guidance

Curaleaf Holdings (CSE: CURA) announced that they will be reporting their second quarter financials after the market closes on August 9.

Analysts have a consensus C$28.28 12-month price target on the company, via a total of 15 analysts, with 5 analysts having strong buy ratings and the other 10 having buy ratings. The street high comes from BTIG with a C$34 price target, and the lowest target comes in at C$24.

13 analysts have revenue estimates for the second quarter. The mean between all 13 is $307.41 million; this number has been revised slightly downwards from $295.79 million at the start of the year. Curaleaf has guided for revenue to come in between $305 – $315 million this quarter. The street high is $314.13 million while the lowest sits at $295.56 million.

Ten analysts have estimates for what this quarter’s gross profit margin will be. They expect the profit margin to come in at 51.03%, with this number being flat since the start of the year. Street high goes to MKM Partners with a 58.9% estimate and the lowest sits at 43%.

Onto EBITDA estimates, there are currently 11 analysts who have second quarter EBITDA estimates. The mean is currently $83.85 million, with this number being slightly lower at the start of the year. Street high goes to MKM Partners with a $94.40 million EBITDA estimate and the lowest being a $76.32 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.

One Response

Video Articles

Can Historic Silver Data Turn Into a New Mine? | Rob Macdonald – Equity Metals

Is This the Most Overlooked Critical Mineral? (+1000% Move) | Guy Bourassa – Scandium Canada

Is Gold Entering a New 15-Year Cycle? | Rod Husband

Recommended

Silver47 Launches 7,000-Meter Hughes Drill Program In Nevada

Advanced Gold Acquires Nevada Property With Historic Production At 1,611 g/t Silver

Related News

BMO: Dollarama Is “Resilient During Periods Of High Inflation”

On September 9, Dollarama (TSX: DOL) announced its second quarter 2023 financial results. The company...

Thursday, September 15, 2022, 03:41:00 PM

Tesla: Canaccord Doubles Price Target To $1,071

On Monday, one of the more bearish Tesla Inc. (NASDAQ: TSLA) analysts flipped bullish, and...

Tuesday, April 13, 2021, 11:41:00 AM

Cresco Labs: Analyst Expectations For Q2 2021

Cresco Labs (CSE: CL) announced that they will be reporting their second quarter financials before...

Wednesday, August 11, 2021, 04:28:00 PM

Cineplex: BMO Reiterates Targets Despite Earnings Missing Consensus

Cineplex Inc. (TSX: CGX) reported its second quarter financial results last week. The company announced...

Monday, August 15, 2022, 12:24:00 PM

Argonaut Gold: BMO Drops Target To $1.00 After Messy Q2 Results

On August 10, Argonaut Gold (TSX: AR) reported its second quarter financial results. The company...

Sunday, August 14, 2022, 01:13:00 PM