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

Silver Is a Wild Animal, Gold Heads for $6,000 in 2026 | Craig Hemke

Is This the End of the Gold and Silver Rally? | Peter Grandich

Why Gold And Silver Stay High Even After Rate Cuts | Todd Bubba Horwitz

Recommended

TomaGold Confirms Presence Of Berrigan Deep Zone Following Geophysics

Antimony Resources Reports Massive Stibnite Mineralization Over 25 Metres At Marcus (West) Zone

Related News

Haywood Lowers Tilray Price Target To $7.25

On January 10th, Tilray Inc (TSX: TLRY) reported their fiscal second-quarter financial results. The company...

Wednesday, January 12, 2022, 04:37:00 PM

Lululemon: BMO Cuts Target To $304 Following Q1 Beat Due To Inflationary Pressures

On Thursday, Lululemon Athletica Inc. (Nasdaq: LULU) reported its first-quarter financial results for 2022. The...

Saturday, June 4, 2022, 05:20:00 PM

Cronos Group: Canaccord Lowers Price Target To $7 Following Poor Results

Last week, Cronos Group (TSX: CRON) reported its second quarter financial results. The company generated...

Thursday, August 12, 2021, 02:07:00 PM

Village Farms Settles Dispute With Emerald Health, Acquires Majority Ownership In Pure Sunfarms

Village Farms (TSX: VFF) (NASDAQ: VFF) and Emerald Health Therapeutics (TSXV: EMH) have finally come...

Tuesday, March 3, 2020, 07:49:18 AM

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