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

The Gold & Copper Stocks Everyone Keeps Asking About | Oct. 12-16 – Weekly Mining Mailbag

Similar Gold Mines Are Valued 10X Higher. Why Not This One? | JW Dumont – Granada Gold Mine

The US Interest Bill Gold Can’t Ignore | Peter Grandich

Recommended

Sage Potash Expands Sage Plain Resource to 771.5 Million Tonnes, Adds First Measured and Indicated Tonnage

Cambria’s Silver Coin Infill Program Delivers 98.56 g/t Gold Over 8.2 Metres

Related News

Verano Holdings: Analyst Ratings Nearly Unchanged After Q2 Earnings

On August 10, Verano Holdings (CSE: VRNO) reported their second quarter financial results. The company...

Sunday, August 15, 2021, 02:04:00 PM

Canaccord Lowers Targets On Numerous Top Level Cannabis Equities

On February 4th, Canaccord Genuity came out with their cannabis fourth quarter 2021 preview. On...

Monday, February 7, 2022, 01:30:00 PM

Jushi: Canaccord Reiterates Price Target Following Financials Finally Being Released

Earlier this week, Jushi Holdings Inc. (CSE: JUSH) finally reported their first quarter 2021 and...

Saturday, June 12, 2021, 04:19:00 PM

Canopy Growth: Cowen & Co Slashes Price Target To $16

On November 5th, Canopy Growth Corp (TSX: WEED) (NASDAQ: CGC) reported their fiscal second quarter...

Thursday, November 11, 2021, 04:50:00 PM

Amazon: Canaccord Cuts Targets On “Macroeconomic Uncertainty And Inflation”

Amazon.com, Inc. (Nasdaq: AMZN) last week reported its third-quarter financial results. The company continued the...

Wednesday, November 2, 2022, 03:47:00 PM