Green Thumb Industries (GTBIF) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Green Thumb Industries (GTBIF) is expected to release its quarterly earnings on August 6th, with analysts forecasting earnings of $0.04 per share and revenue of $280.66 million.
• In the last reported quarter, the company missed earnings expectations, reporting $0.04 per share and $279.54 million in revenue compared to analyst estimates.
• The stock is currently trading at $6.01, with a market capitalization of $1.27 billion and a 52-week range between $4.63 and $12.00.

Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) is expected to be releasing its earnings data after the market closes on Wednesday, August 6th. Analysts expect Green Thumb Industries to post earnings of $0.04 per share and revenue of $280.66 million for the quarter.

Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by ($0.01). Green Thumb Industries had a net margin of 4.41% and a return on equity of 2.82%. The company had revenue of $279.54 million for the quarter, compared to the consensus estimate of $283.36 million. On average, analysts expect Green Thumb Industries to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Green Thumb Industries Price Performance

Shares of OTCMKTS:GTBIF traded down $0.00 during midday trading on Wednesday, reaching $6.01. The company's stock had a trading volume of 345,521 shares, compared to its average volume of 538,740. Green Thumb Industries has a fifty-two week low of $4.63 and a fifty-two week high of $12.00. The company has a market capitalization of $1.27 billion, a P/E ratio of 28.60 and a beta of 1.18. The business's fifty day simple moving average is $5.48 and its 200-day simple moving average is $6.02.

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.