Sundial Growers Expected To Post $13.88 Million In Q1 2021 Revenues
Sundial Growers Inc. (NASDAQ: SNDL) announced that they will be reporting their first quarter financials after hours on March 11th. Analysts have a consensus U$0.90 12-month price target on the company, via a total of 5 analysts, with two analysts having a hold rating, another two have sell ratings and a single analyst has a strong sell rating on the company. The street high comes from Cowen and Co with a U$1.5 price target, and the lowest target comes in at a U$0.45 price target.
Four analysts have revenue estimates for the first quarter. The mean between all 14 is C$13.88 million; this number has been revised downwards from C$17.07 million at the start of the year. The highest revenue estimate currently sits at C$16 million, while the lowest is C$10 million estimate.
A single analyst has estimates for what this quarter’s gross profit margin will be. They expect the profit margin to come in at 26.80%, with this number staying flat year to date.
Onto EBITDA estimates, there are currently only three analysts who have first-quarter EBITDA estimates. The mean is currently (C$5.23) million, with this number being revised downards from (C$4.60) million at the start of the year. Street high goes to ATB Capital with a (C$4.2) million EBITDA estimate and the lowest being (C$6) 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.
