Leafly (LFLY) to Release Quarterly Earnings on Thursday

Leafly (NASDAQ:LFLY) is set to post its quarterly earnings results after the market closes on Thursday, May 9th. Leafly has set its Q1 2024 guidance at EPS.Parties interested in registering for the company’s conference call can do so using this link.

Leafly (NASDAQ:LFLY) last posted its quarterly earnings results on Thursday, March 28th. The company reported ($0.22) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.41) by $1.19. The firm had revenue of $9.75 million for the quarter, compared to analysts’ expectations of $9.49 million.

Leafly Price Performance

Shares of LFLY stock opened at $2.93 on Wednesday. Leafly has a 1-year low of $1.90 and a 1-year high of $16.00. The business’s fifty day moving average price is $2.71 and its 200 day moving average price is $4.23. The firm has a market capitalization of $6.74 million, a PE ratio of -0.60 and a beta of 1.00.

Analyst Upgrades and Downgrades

Separately, Benchmark reduced their price objective on shares of Leafly from $11.00 to $6.00 and set a “buy” rating on the stock in a research note on Monday, April 1st.

Leafly Company Profile

Leafly Holdings, Inc owns and operates a platform to provide consumers with cannabis information and connects consumers to cannabis brands and licensed retailers. The company offers subscription-based marketplace listings, digital advertising solutions, and software as a service-based tools to cannabis retailers; and information, reviews, menus, and ordering and delivery options to its audience through its website and mobile applications.