Greenlane Renewables (GRN) Set to Announce Quarterly Earnings on Thursday

Greenlane Renewables (TSE:GRNGet Rating) is scheduled to release its earnings data after the market closes on Thursday, May 11th. Analysts expect Greenlane Renewables to post earnings of C($0.02) per share for the quarter.

Greenlane Renewables (TSE:GRNGet Rating) last announced its quarterly earnings data on Thursday, March 9th. The company reported C($0.01) EPS for the quarter, hitting analysts’ consensus estimates of C($0.01). Greenlane Renewables had a negative return on equity of 10.01% and a negative net margin of 7.73%. The business had revenue of C$16.97 million during the quarter, compared to the consensus estimate of C$20.54 million.

Greenlane Renewables Stock Performance

Shares of Greenlane Renewables stock opened at C$0.34 on Tuesday. Greenlane Renewables has a one year low of C$0.28 and a one year high of C$0.96. The company has a market cap of C$52.02 million, a PE ratio of -8.50, a P/E/G ratio of -555.67 and a beta of 2.15. The company has a debt-to-equity ratio of 2.31, a quick ratio of 2.05 and a current ratio of 2.06. The business has a 50-day simple moving average of C$0.35 and a 200-day simple moving average of C$0.44.

Analysts Set New Price Targets

Separately, Pi Financial cut Greenlane Renewables from a “buy” rating to a “neutral” rating in a research note on Friday, March 10th.

About Greenlane Renewables

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Greenlane Renewables Inc designs, develops, sells, and services a range of biogas upgrading systems worldwide. The company's systems remove impurities and separate carbon dioxide from biomethane in the raw biogas created from anaerobic decomposition of organic waste at landfills, wastewater treatment plants, and farms and for injection food waste facilities into the natural gas grid or for direct use as vehicle fuel.

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Earnings History for Greenlane Renewables (TSE:GRN)

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