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.

Video Articles

Snowline Gold: The Multi Billion Dollar Valley PEA

Euro Sun: Rovina Copper-Gold Project Secures Some Major Funding

Arizona Metals: The Disappointing Kay Mine Resource Estimate

Recommended

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Related News

Activision Blizzard Consensus First Quarter Estimates

Activision Blizzard (NASDAQ: ATVI) will be reporting its first-quarter financial results on May 4th after...

Tuesday, May 4, 2021, 11:48:00 AM

Argonaut Gold: Analysts Upgrade Price Targets Following Close Of Financing

Some analysts have recently updated their forecasts on Argonaut Gold (TSX: AR) after the closing of...

Friday, February 19, 2021, 11:55:00 AM

Equinox: BMO Lowers Price Target To $14.50 Follow Mercedes Mine Sale

On December 17th, Equinox Gold (TSX: EQX) announced that they reached an agreement to sell...

Tuesday, December 28, 2021, 11:06:00 AM

General Motors: Analysts Expect Q2 Revenues Of $30.9 Billion

General Motors (NYSE: GM) will be reporting its second quarter financial results before the market...

Tuesday, August 3, 2021, 03:58:00 PM

Sundial: Analysts Expect Positive EBITDA For Q3 2021

Sundial Growers (NASDAQ: SNDL) announced that they will be reporting their third quarter financials after...

Tuesday, November 9, 2021, 05:18:00 PM