Trulieve: Analysts Expect US$221 Million In Q3 Revenues

Trulieve (CSE: TRUL) announced that they will be reporting their third quarter financials before the market opens on November 15th.

Analysts have a consensus C$84.53 12-month price target on the company, via a total of 17 analysts, representing an upside of 118%. 5 analysts have strong buy ratings, and the other 12 have buy ratings on the company. The street high comes from Stifel-GMP with an C$135 price target, and the lowest target is a C$54 price target.

14 analysts have revenue estimates for the third quarter. The mean between all 14 is US$221.01 million; this number has been revised slightly down from US$228.46 million at the start of May. The street high is US$2224.40 million while the lowest sits at US$216.15 million.

10 analysts have estimates for what this quarter’s gross profit margin will be. They expect the profit margin to come in at 65.90%, with this number being revised down from 70.13% at the start of May. Street high is 68% estimate and the lowest sits at 63.50%.

Onto EBITDA estimates, there are currently 14 analysts who have third-quarter EBITDA estimates. The mean is currently US$89.35 million, with this number being revised down from US$99.88 million at the start of May. Street high sits at US$97 million EBITDA and the lowest being a US$781.2 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

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

First Majestic Tracking Ahead Of Guidance Following Q1 Production Results

Canadian Gold Drills 19.5 g/t Gold Over 1.0 Metre At Lac Arsenault

Related News

BMO: Teck Resources’ Shift To Focus On Copper Will Help Attract ESG Funds

Last week, BMO Capital Markets hosted Teck Resources’ (TSX: TECK.A, TECK.B) CEO Jonathan Price, CFO...

Friday, December 2, 2022, 03:10:00 PM

Trulieve Settles With OSHA After Employee’s Death From Inhaling Cannabis Dust

Trulieve Cannabis (CSE: TRUL) has settled with the Department of Labor’s Occupational Safety and Health...

Thursday, December 22, 2022, 08:24:55 AM

Eldorado Gold: Analyst Ratings Unchanged Despite Production Beats

Eldorado Gold (TSX: ELD) released their Q2’20 preliminary results earlier this week, which included production...

Saturday, July 11, 2020, 08:30:00 AM

IAMGOLD: BMO Lowers Price Target After Disappointing Guidance

On January 12th, IAMGOLD Corp (TSX: IMG) announced its preliminary 2021 operational results and 2022...

Friday, January 14, 2022, 03:36:00 PM

Medmen: Canaccord Drops Price Target To $0.35 After Q1 Results

On November 9th, Medmen Enterprises (CSE: MMEN) reported their fiscal first-quarter financial results. The company...

Sunday, November 14, 2021, 10:03:00 AM