Cormark cut shares of Curaleaf (OTCMKTS:CURLF – Free Report) from a moderate buy rating to a hold rating in a research report released on Thursday morning,Zacks.com reports.
Separately, Needham & Company LLC reiterated a “buy” rating and issued a $6.25 target price on shares of Curaleaf in a research note on Thursday, August 8th.
View Our Latest Stock Report on CURLF
Curaleaf Stock Up 3.6 %
Curaleaf (OTCMKTS:CURLF – Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.01). The company had revenue of $330.53 million during the quarter, compared to the consensus estimate of $345.83 million. Curaleaf had a negative net margin of 18.59% and a negative return on equity of 14.75%. On average, analysts anticipate that Curaleaf will post -0.24 EPS for the current year.
About Curaleaf
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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