Jushi (OTCMKTS:JUSHF) Posts Earnings Results, Hits Estimates

Key Points

• Jushi Holdings reported a quarterly earnings per share (EPS) of ($0.06), matching the consensus estimate.
• During trading, JUSHF stock remained flat at $0.65, with a significant volume of 980,341 shares exchanged.
• Jushi is a vertically integrated cannabis company involved in the cultivation, processing, retail, and distribution of a variety of cannabis products.

Jushi (OTCMKTS:JUSHF - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported ($0.06) EPS for the quarter, hitting analysts' consensus estimates of ($0.06), Zacks reports. The company had revenue of $65.05 million during the quarter, compared to the consensus estimate of $64.67 million.

Jushi Stock Performance

JUSHF stock traded up $0.04 during midday trading on Friday, reaching $0.68. 398,505 shares of the company's stock traded hands, compared to its average volume of 417,583. The company has a 50-day moving average price of $0.40 and a two-hundred day moving average price of $0.35. Jushi has a 52 week low of $0.22 and a 52 week high of $0.73. The firm has a market capitalization of $133.10 million, a PE ratio of -2.33 and a beta of -0.98.

About Jushi

Jushi Holdings Inc, a vertically integrated cannabis company, engages in the cultivation, processing, retail, and distribution of cannabis for medical and adult-use markets. The company offers flower, extracts, concentrates, edibles, oil, pre-rolls, tinctures, capsules, softgels, cannabis-infused gummies and ultra-premium chocolate, and topicals products, as well as vaporization devices and cartridges under The Bank, The Lab, Nira+ Medicinals, Sèchè, Tasteology, and Hijinks brands.