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

A Copper-Gold Deposit Caught the White House’s Attention | Rob McLeod – Cambria Gold

Why Discipline Matters in a High Gold Price Market | Darren Hall – Equinox Gold

This Copper Junior Just Secured $96 Million | Simon Quick – Canadian Copper

Recommended

Antimony Resources Drills 4.38% Sb Over 7.05 Metres At Bald Hill In Final Hole Of 2025 Program

Kirkland Lake Drills 121 Metres Of 1.01 g/t Gold At Mirado

Related News

Valens Company: Analysts Downgrade Company Following Reduced Guidance

The Valens Company (TSX: VLNS) experienced a pretty wild second half of January, and analysts...

Monday, February 1, 2021, 02:39:00 PM

Cresco Labs: Cantor Lowers Price Target To $12.65

On September 3, Cresco Labs (CSE: CL) announced that they closed their acquisition of Cultivate,...

Thursday, September 16, 2021, 03:37:00 PM

Xebec Adsorption: Canaccord Cuts Target On “Significantly Weaker Than Expected” Quarter

Last week Xebec Adsorption (TSX: XBC) announced its first quarter financial results. The company reported...

Monday, May 16, 2022, 04:28:00 PM

Supreme Cannabis: Stifel-GMP Raises Price Target To $0.55 Following Q2 Results

Last week, The Supreme Cannabis Company (TSX: FIRE) announced its second quarter 2021 financial results....

Wednesday, February 17, 2021, 10:48:00 AM

Aphria: Consensus Estimates For Q3 2021

Aphria Inc (TSX: APHA) (NASDAQ: APHA) is expected to report their fiscal third quarter on...

Wednesday, April 7, 2021, 02:41:00 PM