Brokers Issue Forecasts for Curaleaf FY2024 Earnings

Curaleaf Holdings, Inc. (OTCMKTS:CURLF - Free Report) - Analysts at Alliance Global Partners boosted their FY2024 earnings per share estimates for shares of Curaleaf in a research report issued to clients and investors on Thursday, November 7th. Alliance Global Partners analyst A. Grey now forecasts that the company will post earnings per share of ($0.26) for the year, up from their previous estimate of ($0.27). The consensus estimate for Curaleaf's current full-year earnings is ($0.25) per share. Alliance Global Partners also issued estimates for Curaleaf's Q4 2024 earnings at ($0.08) EPS, Q1 2025 earnings at ($0.07) EPS, Q2 2025 earnings at ($0.06) EPS, Q3 2025 earnings at ($0.06) EPS, Q4 2025 earnings at ($0.06) EPS and FY2025 earnings at ($0.25) EPS.

CURLF has been the topic of a number of other reports. Cormark lowered shares of Curaleaf from a "moderate buy" rating to a "hold" rating in a report on Thursday. Needham & Company LLC restated a "buy" rating and set a $6.25 target price on shares of Curaleaf in a report on Thursday, August 8th.

Curaleaf Stock Down 22.1 %

Shares of CURLF traded down $0.47 on Monday, hitting $1.66. The company's stock had a trading volume of 3,126,765 shares, compared to its average volume of 702,513. The company has a quick ratio of 0.50, a current ratio of 1.09 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of -5.72 and a beta of 0.86. The firm's fifty day moving average price is $2.95 and its 200-day moving average price is $3.77. Curaleaf has a fifty-two week low of $1.64 and a fifty-two week high of $6.40.

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.