Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) posted its quarterly earnings results on Wednesday, August 6th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.05), Zacks reports. The business had revenue of $293.26 million during the quarter, compared to analyst estimates of $280.66 million. Green Thumb Industries had a return on equity of 1.62% and a net margin of 2.51%.
Green Thumb Industries Price Performance
OTCMKTS GTBIF traded up $0.78 on Wednesday, hitting $8.96. 606,133 shares of the stock were exchanged, compared to its average volume of 476,302. Green Thumb Industries has a 52-week low of $4.63 and a 52-week high of $12.00. The company has a market capitalization of $1.90 billion, a price-to-earnings ratio of 81.46 and a beta of 1.18. The company's 50-day moving average price is $5.82 and its two-hundred day moving average price is $6.01.
Wall Street Analysts Forecast Growth
Separately, Benchmark restated a "buy" rating on shares of Green Thumb Industries in a research report on Monday.
Get Our Latest Stock Analysis on Green Thumb Industries
About Green Thumb Industries
(
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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.
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