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

Higher Gold Prices Are Changing What Counts as a Real Discovery | Mike Bennett – Altamira Gold

Why Silver Still Hasn’t Seen the Real Mania | Craig Hemke

Why Copper Needs a Much Higher Price to Fix the Supply Problem | Greg Ferron – PTX Metals

Recommended

Crossroads Gold Closes Rox-ex Acquisition, Adds Pambula and Club Terrace to Australian Pipeline

Goliath Resources Kicks Off Fully Funded 50,000 Metre Drill Program At Surebet

Related News

Numinus Wellness: Eight Capital Initiates With $1.10 Price Target

Last week, Eight Capital launched coverage on a basket of psychedelic companies. This comes after...

Monday, September 20, 2021, 02:41:00 PM

Aphria: Canaccord Upgrades Price Target To $11.00 Following SweetWater Transaction

On Wednesday, Aphria Inc (TSX: APHA) (NASDAQ: APHA) announced that it had entered an agreement...

Thursday, November 5, 2020, 03:01:00 PM

Lululemon: Q1 2021 Consensus Analyst Estimates

Lululemon (NASDAQ: LULU) will be reporting their first quarter financial results on June 3rd after...

Thursday, June 3, 2021, 02:02:00 PM

CIBC: Cronos Group CEO Switch Up Is “Somewhat Surprising”

This past week, Cronos Group (TSX: CRON) (NASDAQ: CRON) announced that its Board of Directors...

Saturday, September 12, 2020, 01:45:00 PM

Equinox: BMO Lowers Price Target After Second Blockade In Nine Months

On June 22nd, Equinox Gold Corp. (TSX: EQX) announced that there has been illegal blockades set...

Thursday, June 24, 2021, 04:14:00 PM