Leafly (LFLY) Scheduled to Post Earnings on Thursday

Leafly (NASDAQ:LFLY) is set to announce its earnings results after the market closes on Thursday, May 9th. Leafly has set its Q1 2024 guidance at EPS.Individual interested in registering for the company’s earnings 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 for the quarter, topping analysts’ consensus estimates of ($1.41) by $1.19. The company had revenue of $9.75 million for the quarter, compared to analysts’ expectations of $9.49 million.

Leafly Stock Down 2.0 %

Shares of NASDAQ LFLY opened at $2.93 on Wednesday. The stock has a market capitalization of $6.74 million, a PE ratio of -0.60 and a beta of 1.00. The firm has a fifty day moving average of $2.71 and a 200-day moving average of $4.23. Leafly has a 52-week low of $1.90 and a 52-week high of $16.00.

Wall Street Analysts Forecast Growth

Separately, Benchmark dropped their price target on Leafly from $11.00 to $6.00 and set a “buy” rating for the company 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.