Curaleaf (OTCMKTS:CURLF) Issues Earnings Results, Beats Expectations By $0.01 EPS

Key Points

• Curaleaf reported a quarterly earnings per share of ($0.06), exceeding analysts' expectations of ($0.07) by $0.01.
• The company's current ratio is 1.41 and it has a debt-to-equity ratio of 1.08, indicating manageable debt levels relative to its equity.
• Shares of Curaleaf opened at $1.79, with a 12-month low of $0.68 and a high of $3.58.

Curaleaf (OTCMKTS:CURLF - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported ($0.06) earnings per share for the quarter, topping analysts' consensus estimates of ($0.07) by $0.01, Zacks reports. Curaleaf had a negative net margin of 18.08% and a negative return on equity of 14.41%.

Curaleaf Stock Performance

Shares of CURLF stock opened at $1.79 on Friday. Curaleaf has a 12 month low of $0.68 and a 12 month high of $3.58. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.41 and a quick ratio of 0.70. The firm has a market capitalization of $1.20 billion, a P/E ratio of -5.59 and a beta of 0.69. The company's fifty day moving average price is $1.05 and its two-hundred day moving average price is $1.05.

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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