Harvest Health & Recreation (OTCMKTS:HRVSF) Issues FY 2021 Earnings Guidance

Harvest Health & Recreation (OTCMKTS:HRVSF) issued an update on its FY 2021 earnings guidance on Tuesday morning. The company provided EPS guidance of $- for the period. The company issued revenue guidance of $400 M-, compared to the consensus revenue estimate of $385.55 million.

Shares of OTCMKTS HRVSF traded down $0.06 during trading on Friday, hitting $4.09. The company had a trading volume of 192,670 shares, compared to its average volume of 989,471. Harvest Health & Recreation has a 12 month low of $0.74 and a 12 month high of $4.50. The company has a 50 day simple moving average of $3.52.

Harvest Health & Recreation (OTCMKTS:HRVSF) last issued its quarterly earnings results on Monday, March 29th. The medicinal cannabis company reported ($0.02) earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of ($0.02).

HRVSF has been the subject of a number of research analyst reports. Stifel Nicolaus reduced their target price on Harvest Health & Recreation from $10.00 to $5.50 and set a buy rating for the company in a report on Wednesday, May 12th. Canaccord Genuity increased their price objective on Harvest Health & Recreation from $7.00 to $8.00 and gave the stock a buy rating in a research report on Wednesday, May 12th.

About Harvest Health & Recreation

Harvest Health and Recreation, Inc, together with its subsidiaries, cultivates, processes, sells, and retails inhalable, ingestible, and topical cannabis products in the United States. The company offers cannabis oil products; inhalables, including flower, dabbable concentrates, pre-filled vaporizer pens, and cartridges; and capsules, tinctures, and cannabis product edibles, including chocolates, gummies, mints, fruit chews, and dissolvable mouth strips under the Avenue, CBX SCIENCES, EVOLAB, ALCHEMY, CHROMA, CO2LORS, GOODSUN, MODERN FLOWER, and ROLL ONE brand names.

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