Analysts Issue Forecasts for OTCMKTS:GTBIF FY2025 Earnings

Key Points

• Investment analysts at Cormark have lowered their FY2025 earnings per share estimate for Green Thumb Industries to $0.06, down from $0.10.
• Despite the earnings forecast decrease, Benchmark has maintained a "buy" rating on Green Thumb Industries.
• Green Thumb Industries reported a quarterly earnings loss of ($0.01) per share, missing the consensus estimate of $0.04, but exceeded revenue expectations with $293.26 million for the quarter.

Green Thumb Industries Inc. (OTCMKTS:GTBIF - Free Report) - Equities research analysts at Cormark dropped their FY2025 earnings per share estimates for Green Thumb Industries in a research report issued on Monday, August 11th. Cormark analyst J. Pytlak now anticipates that the company will earn $0.06 per share for the year, down from their prior forecast of $0.10. The consensus estimate for Green Thumb Industries' current full-year earnings is $0.32 per share.

Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.04 by ($0.05). The firm had revenue of $293.26 million for the quarter, compared to analysts' expectations of $280.66 million. Green Thumb Industries had a net margin of 2.51% and a return on equity of 1.62%.

Separately, Benchmark restated a "buy" rating on shares of Green Thumb Industries in a research report on Monday, August 11th.

Green Thumb Industries Price Performance

Green Thumb Industries stock traded down $1.07 during mid-day trading on Tuesday, reaching $7.56. 1,264,217 shares of the stock traded hands, compared to its average volume of 854,068. The stock has a market capitalization of $1.60 billion, a PE ratio of 68.73 and a beta of 1.18. Green Thumb Industries has a 12-month low of $4.63 and a 12-month high of $12.00. The business's 50-day moving average is $6.01 and its 200-day moving average is $6.04.

Green Thumb Industries Company Profile

Green Thumb Industries Inc manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. The company offers cannabis flower; processed and packaged products, including pre-rolls, concentrates, vapes, capsules, tinctures, edibles, topicals, and other cannabis-related products under the &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RHYTHM brands.