Curaleaf: Consensus Estimate Fourth Quarter Earnings Preview

Curaleaf Holdings (CSE: CURA) announced that they will be reporting their fourth quarter and year-end financials post-market on March 9th. Analysts have a consensus C$25.14 12-month price target on the company, via a total of 14 analysts, with four analysts have strong buy ratings and the other ten have buy ratings. The street high comes from BTIG with a C$35 price target, and the lowest target comes from MKM Partners with an C$18 price target.

Thirteen analysts have revenue estimates for the fourth quarter. The mean between all 13 is U$238.32 million; this number has been slightly revised downwards from U$239.07 million at the start of the year. Haywood currently has the highest revenue estimate with U$240.40 million, while the lowest comes from Needham & Co with a U$235 million estimate.

For the full year, the average estimate between 14 analysts is currently U$635 million. This number has had up and down swings but is the same mean estimate from the start of the year. The street high comes from Haywood with a U$637.58 full-year revenue estimate.

Onto EBITDA estimates, there are currently 15 analysts who have fourth-quarter EBITDA estimates. The mean is currently U$51.61 million, with this number being revised downwards from U$55.55 million at the start of the year. Street high goes to Stifel-GMP with a U$56.20 million EBITDA estimate and the lowest being Alliance Global with a U$44.92 million estimate.

For the full-year, the current EBITDA mean across 15 analysts is U$142.10 million, with this number being revised downwards from U$145.89 million at the start of the year. Cormark currently has the highest full-year estimate at U$155.10 million.


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.

Video Articles

How to Still Find 10-Bagger Gold and Silver Stocks | Don Durrett

First Majestic Silver: Jerritt Canyon Is BACK!

Canada May Finally Be Backing Its Battery Supply Chain | John Passalacqua – First Phosphate

Recommended

Antimony Resources Expands Footprint as Soil Sampling Lights Up Ground South of Bald Hill

Mercado Drills 256 g/t Silver Over 6.5 Metres In First Drill Hole of Inaugural Program

Related News

Medipharm Labs: Canaccord Drops Target To Just $0.10

On May 16, Medipharm Labs (TSX: LABS) reported its first quarter financial results. The company...

Tuesday, May 24, 2022, 11:37:00 AM

BlackBerry: Canaccord Downgrades To Sell After 50% Run

On June 24th, BlackBerry (TSX: BB) reported its first quarter financial results. The company reported...

Saturday, June 26, 2021, 01:18:00 PM

BMO Expects Miners To Be Hit With Cost Inflation Headwinds In Q1 Results

On April 18, BMO released their first quarter preview on their metals and mining coverage,...

Thursday, April 21, 2022, 11:28:00 AM

Tesla: Analysts Call For Q2 Earnings Per Share Of $1.83

Tesla (NASDAQ: TSLA) will be reporting its second quarter financial results on July 20 after...

Tuesday, July 19, 2022, 12:58:00 PM

Kinross: BMO Lifts Target To $7.50 After Project Updates

On June 28, Kinross Gold Corporation’s (TSX: K) management provided an updated presentation on their...

Sunday, July 3, 2022, 05:11:00 PM