Curaleaf (OTCMKTS:CURLF – Get Free Report) was upgraded by equities researchers at Cormark from a “hold” rating to a “moderate buy” rating in a research report issued on Monday, Zacks.com reports. Cormark also issued estimates for Curaleaf’s FY2024 earnings at ($0.25) EPS and FY2025 earnings at ($0.18) EPS.
Separately, Needham & Company LLC reiterated a “buy” rating and issued a $6.25 price objective on shares of Curaleaf in a research report on Thursday, August 8th.
Get Our Latest Stock Analysis on Curaleaf
Curaleaf Trading Down 0.5 %
Curaleaf (OTCMKTS:CURLF – Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01). Curaleaf had a negative return on equity of 14.43% and a negative net margin of 20.29%. The firm had revenue of $342.29 million for the quarter, compared to analysts’ expectations of $344.57 million. On average, research analysts anticipate that Curaleaf will post -0.21 EPS for the current year.
Curaleaf Company Profile
Curaleaf Holdings, Inc operates a cannabis operator in the United States. It operates through two segments, Domestic Operations and International Operations. The company offers flower, pre-rolls, flower pots, and dry-herb vaporizer cartridges; concentrates for vaporizing which includes pre-filled vaporizer cartridges and disposable vaporizer pens; and concentrates for dabbing, such as mints, distillate droppers, mints, topical balms and lotions, tinctures, lozenges, capsules, and edibles.
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