Greenlane Renewables Inc (TSX:GRN, Financial) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $11.10 million, and the earnings are expected to come in at -$0.01 per share. The full year 2024's revenue is expected to be $52 million, and the earnings are expected to be -$0.04 per share. More detailed estimate data can be found on the Forecast page.
Greenlane Renewables Inc (TSX:GRN, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Greenlane Renewables Inc (TSX:GRN) for the full year 2024 have declined from $55.8 million to $52 million. For 2025, the revenue estimates have declined from $54.8 million to $33 million. Earnings estimates for the full year 2024 have increased from -$0.05 per share to -$0.04 per share, while for 2025, they have declined from -$0.05 per share to -$0.07 per share.
Greenlane Renewables Inc (TSX:GRN, Financial) Reported History
In the previous quarter of June 30, 2024, Greenlane Renewables Inc's (TSX:GRN) actual revenue was $14.63 million, which missed analysts' revenue expectations of $14.7 million by -0.48%. Greenlane Renewables Inc's (TSX:GRN) actual earnings were -$0.01 per share, which met analysts' earnings expectations. After releasing the results, Greenlane Renewables Inc (TSX:GRN) was up by 5.26% in one day.
Greenlane Renewables Inc (TSX:GRN, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 1 analyst, the average target price for Greenlane Renewables Inc (TSX:GRN) is $0.20 with a high estimate of $0.20 and a low estimate of $0.20. The average target implies an upside of 233.33% from the current price of $0.06.
Based on GuruFocus estimates, the estimated GF Value for Greenlane Renewables Inc (TSX:GRN, Financial) in one year is $0.21, suggesting an upside of 250% from the current price of $0.06.
Based on the consensus recommendation from 1 brokerage firm, Greenlane Renewables Inc's (TSX:GRN, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
