Greenlane Holdings, Inc. ($GNLN) 2Q20 Earnings Preview

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Greenlane Holdings, Inc. (NASDAQ:GNLN) is expected to report second quarter earnings results, before market open, on Friday 7th August 2020.

Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.08 per share.

Looking ahead, the full year loss are expected at $ 0.3 per share on the revenues of $ 134.45 million.

Previous Quarter Performance

Greenlane Holdings, Inc. reported loss for the first quarter of $ 0.58 per share, from the revenue of $ 33.87 million. The consensus estimates are loss of $ 0.12 per share from $ 32.56 million in revenue. The bottom line results missed street analysts by $ 0.46 or 383.33 percent, at the same time, top line results outshined analysts by $ 1.31 million or 4.02 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Greenlane Holdings, Inc.

Stock Performance

The company has a market capital of $ 153.04 million and is part of the Consumer Defensive sector and Tobacco industry.

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Conference Call

Greenlane Holdings, Inc. will be hosting a conference call at 8:30 AM eastern time on 7th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.gnln.com

Greenlane Holdings, Inc. distribute consumption accessories and vaporization products to wholesale and retail customers in the United States and Canada. The company offers vaporizers and parts, cleaning products, grinders and storage containers, pipes, rolling papers, and customized lines of specialty packaging.