GBA Presents: THE BARE ESSENTIALS

That's Right Bitches!

Flora Growth reiterates 2022 revenue view $35M-$45M 07:15 FLGC Would realize projected…

I'm not selling! // take that!
Flora Growth reports 2021 revenue $9M vs. $0.1M in 2020 07:14 FLGC "Fiscal year 2021 was a foundational year for our company as we closed our first full year of revenues. In 2022 we anticipate accelerating revenue growth as we activate our Wholesale and Life Sciences growth pillars, while fueling expansion in our global House of Brands," said Luis Merchan, Chairman and CEO of Flora. "We are proud of the milestones we achieved in 2021, including the completion of key strategic infrastructure projects, the strengthening of our balance sheet and the deployment of our M&A strategy. In 2022, we continue to execute on our plan, highlighted by the acquisition of JustCBD, a leading consumer wellness brand. This acquisition increased Flora's footprint to over half a million consumers and 14,000 retail stores in the United States. The transaction is already proving accretive as Flora's unaudited revenues for April represent our strongest revenue month since inception. The completion of our cultivation and extraction facilities has positioned Flora for success in this rapidly evolving industry, as we satisfied the requirements for the cultivation, transformation and export of up to 43.6 tonnes of THC cannabis flower. And in our Life Sciences pillar, we look forward to potential commercial distribution of pharmaceutical-grade products based on the research of Dr. Annabelle Manalo-Morgan."

TOLD YOU! Nobody listens... especially the market.....
 
Nexstar reports Q1 EPS $5.99, consensus $4.89 » 07:15 NXST-

Weber shares have near-term downside to $6, says JPMorgan 07:13 WEBR JPMorgan analyst Megan Alexander reduced estimates below the Street for Weber ahead of its results citing the late spring and rising share of wallet headwinds. The analyst reduced her Q1 revenue forecast to down 1% year-over-year versus the Street's up 1%, reflecting a lower organic growth outlook as well as incremental currency headwinds. Spring seasonal spending is arriving late with the weather, including particular weakness in big ticket durable goods, Alexander tells investors in a research note. The analyst updated the firm's December 2022 price target to $8.50 and sees near-term risk to $6 per share for Weber.
 
That's Right Bitches!

First Watch Restaurant reports Q1 EPS 8c, consensus 5c »

First Watch reaffirms FY22 revenue growth in excess of 15% relative to 2021 07:12 FWRG
 
No promises but this could now get interesting. We have an outside agitator wanting board seats etc... and now->

US Foods announces transition of CEO Pietro Satriano, affirms FY22 guidance 07:00 USFD The company states: "The US Foods Board announced that Pietro Satriano, Chief Executive Officer, is leaving the Company and will not stand for re-election as director at the upcoming 2022 annual meeting of shareholders. Robert M. Dutkowsky has been appointed Executive Chair and Andrew Iacobucci has been appointed Interim Chief Executive Officer. Dutkowsky currently serves as non-executive Chairman of the Board and Iacobucci currently serves as Chief Commercial Officer. To identify a permanent CEO, the Board has formed a five-member search committee. The company reaffirms the fiscal year 2022 guidance provided on February 17, 2022."
 
These target price hikes are so rare now we almost have to profile every one--

Corteva price target raised to $64 from $56 at Deutsche Bank 06:59 CTVA Deutsche Bank analyst

CTVA-?

BHVN $83 bought for $148<------------ This could stabilize the whole sector. Christ!
 
We had an interesting SPAC development. Goldman Sachs suddenly found religion and decided that SPAC's were to dirty for them! Punks! I mean really. Now.

But, yea they tarnished the whole sector and took their pirate booty and left the building...

Other bankers will follow = THE OFFICIAL END OF SPAC''S--

Now do wepick through the rubble for the few gems like --
Mattaport &
Vivid Seats raises FY22 revenue view to $520.0M-$555.0M from $510.0M-$550.0M 06:42 SEAT
 
Vivid Seats reports Q1 revenue $130.8M, consensus $113.83M 06:40 SEAT Reports Q1 net income $3.1M, up from ($20.3 M) net loss in Q1 2021. "At Vivid Seats, as a marketplace and technology platform, we sit at the intersection of supply and demand, and it is apparent from our record-setting first quarter Marketplace GOV and Revenues that fans are eager to attend live events," said Stan Chia, Vivid Seats CEO. "As our business continues to accelerate, our impressive first quarter performance is a testament to the strength of our platform, as well as strong consumer demand. We will continue to invest in our business as we believe the live event industry is well positioned for long-term secular growth, and we are confident that our differentiated offering, leadership, and scale will allow us to continue to drive meaningful growth and to capitalize on opportunities that create shareholder value."

SEAT- $8.65 <--------
 
Look at this ass hole.

Affirm downgraded to Underweight at Stephens after Upstart earnings 06:30 AFRM, UPST As previously reported, Stephens analyst Vincent Caintic downgraded Affirm (AFRM) to Underweight from Equal Weight with a price target of $17, down from $51, following peer Upstart's (UPST) earnings, which he calls "more severe than we anticipated." Upstart's earnings report not only implied higher funding costs, but also inability to access the capital markets, said Caintic, who thinks the read-through is negative for capital-markets reliant fintechs. Between the two, he prefers Affirm due to its shorter-duration loans and what he sees as likely a higher payment rate, noted Caintic, who also downgraded Upstart to Underweight this morning.<--

Oh boy slipped that in at the end! ///

 
You must log in or register to reply here.
Back
Top