Curaleaf (OTCMKTS:CURLF) Releases Earnings Results, Beats Expectations By $0.09 EPS

Curaleaf (OTCMKTS:CURLF) announced its quarterly earnings results on Monday. The company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.09, Zacks reports. Curaleaf had a negative return on equity of 13.67% and a negative net margin of 14.82%.

Curaleaf Trading Down 9.9 %

OTCMKTS CURLF opened at $1.18 on Tuesday. The company has a market capitalization of $779.54 million, a PE ratio of -4.07 and a beta of 0.60. The company has a fifty day moving average of $1.45 and a 200 day moving average of $2.20. Curaleaf has a 1 year low of $0.88 and a 1 year high of $6.40. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.11 and a quick ratio of 0.51.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on CURLF shares. Cormark downgraded Curaleaf from a “moderate buy” rating to a “hold” rating in a research note on Thursday, November 7th. Roth Capital raised Curaleaf to a “strong-buy” rating in a report on Sunday, November 10th.

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.