cbdMD, Inc. (AMEX:YCBD) is set to announce fourth quarter earning results on Tuesday 22nd December 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, YCBD to report 4Q20 loss of $ 0.01 per share.
For the full year, analysts anticipate top line of $ 41.39 million, while looking forward to income of $ 0.72 per share bottom line.
The Company Outlook
Revenue for 4Q20 are expected in a range of $ 11.50 million ~ $ 11.70 million
Full Year 2020 topline are forecasted in a range of$ 41.70 million ~ $ 41.80 million
Click Here For More Historical Outlooks Of cbdMD, Inc.
Previous Quarter Performance
cbdMD, Inc. announced loss for the third quarter of $ 0.18 per share, from the revenue of $ 10.64 million. Wall street analysts are predicting, YCBD to report 3Q20 loss of $ 0.03 per share from revenue of $ 9.57 million. The bottom line results missed street analysts by $ 0.15 or 500 percent, at the same time, top line results outshined analysts by $ 1.07 million or 11.18 percent.
Stock Performance
Shares of cbdMD, Inc. traded up $ 0.30 or 11.45 percent on Monday, reaching $ 2.92 with volume of 1.57 million shares. cbdMD, Inc. has traded high as $ 3.00 and has cracked $ 2.55 on the downward trend
According to the previous trading day, closing price of $ 2.92, representing a 424.00 % increase from the 52 week low of $ 0.50 and a 36.1 % decrease over the 52 week high of $ 4.10.
The company has a market capital of $ 152.22 million and is part of the Consumer Cyclical sector and Marketing Services industry.
Conference Call
cbdMD, Inc. will be hosting a conference call at 4:15 PM eastern time on 22nd December 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, 1-888-506-0062 U.S. or 1-973-528-0011 Toll Number in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.cbdmd.com
Level Brands, Inc. produces and distributes various consumer cannabidiol (CBD) products under the cbdMD brand in the United States. Its products include tinctures, capsules, gummies, bath bombs, vape oils, topical creams, and animal treats and oils.
