Village Farms: Analysts Expect Q3 Revenues To Hit US$68.7 Million

Village Farms International (TSX: VFF) announced that they will be reporting their third quarter financials before the market opens on November 9th.

Analysts have a consensus C$23.80 12-month price target on the company, via a total of 7 analysts, with 1 analyst having a strong buy rating, and the other 6 have buy ratings on the company. The street high comes from Raymond James with a C$33.79 price target, and the lowest target comes from Craig-Hallum with a C$17 price target.

Seven analysts have revenue estimates for the third quarter. The mean between all 7 is US$68.67 million; this number has been revised slightly upwards from US$66.25 million at the start of May. The street high is US$73.40 million while the lowest sits at US$63.90 million.

Only 3 analysts have estimates for what this quarter’s gross profit margin will be. They expect the profit margin to come in at 13.03%, with this number being flat at the start of May. Street high is 15% estimate and the lowest sits at 12%.

Onto EBITDA estimates, there are currently 7 analysts who have third quarter EBITDA estimates. The mean is currently US$3.54 million, with this number being revised downwards from US$5.23 million at the start of May. Street high sits at US$6.4 million EBITDA and the lowest being a (US$1.35) 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.

One Response

Video Articles

Agnico Q1 Earnings Results Overshadowed By A Sinking Gold Price

Why More People Are Starting to Feel Broke | Darrell Thomas – VRIC Media

Newmont Q1 Earnings: A Billion In Free Cash Flow… A Month!

Recommended

Altamira Gold Extends Maria Bonita Porphyry System Westward With 70.6 Metres At 0.51 g/t Hit

Antimony Resources Reports 13.9% Antimony in Latest Drill Core at Bald Hill

Related News

BMO Expects Canadian Banks To Outperform In 2021

In a note sent out to investors on January 3rd, BMO Capital Markets headlines “Bank...

Saturday, January 9, 2021, 01:24:00 PM

Curaleaf Sees Numerous Analysts Raise Price Targets Following Third Quarter Results

On Tuesday, Curaleaf Holdings (CSE: CURA) reported their third quarter results. The company reported total...

Saturday, November 21, 2020, 01:27:00 PM

Canaccord Downgrades Alimentation Couche-Tard Ahead Of Q4 Results

Ahead of Alimentation Couche-Tard’s (TSX: ATD.B) fiscal fourth-quarter results, Canaccord Genuity has downgraded the company...

Tuesday, June 22, 2021, 11:36:00 AM

Li-Cycle: BMO Cuts Target After Negative Revenues Recorded In Q3

Li-Cycle (NYSE: LICY) recently reported its third-quarter financial results. The company reported revenues of -$2...

Sunday, September 25, 2022, 11:13:00 AM

Columbia Care: Canaccord Reiterates Price Target Following Project Cannabis Acquisition Announcement

Last Tuesday, Columbia Care (CSE: CCHW) announced that they had signed a definitive agreement to...

Sunday, September 13, 2020, 11:17:00 AM