Cresco Labs Inc. (CRLBF) reported a quarterly loss of $0.05 per share, missing the Zacks Consensus Estimate of a loss of $0.03. Revenues were $164.91 million, beating expectations by 0.71%. The stock has gained 9.5% this year. The company has a Zacks Rank #4 (Sell) due to unfavorable estimate revisions.
FitLife Brands Inc. (FTLF) is expected to report quarterly earnings of $0.25 per share, up 8.7% from last year. Revenues are expected to be $23.75 million, a 48.6% increase. The consensus EPS estimate has remained stable over the last 30 days.
Investors are wondering about the future of Cresco Labs Inc. (CRLBF) stock. With a Zacks Rank #4 (Sell) and unfavorable estimate revisions, the stock is expected to underperform the market. The company’s current consensus EPS estimate is -$0.03 for the upcoming quarter and -$0.13 for the fiscal year.
Read more at Nasdaq: Cresco Labs Inc. (CRLBF) Reports Q3 Loss, Beats Revenue Estimates
