Jushi Holdings Inc. (OTCMKTS:JUSHF) Expected to Earn Q1 2024 Earnings of ($0.05) Per Share

Jushi Holdings Inc. (OTCMKTS:JUSHF - Free Report) - Stock analysts at Seaport Res Ptn reduced their Q1 2024 EPS estimates for shares of Jushi in a research note issued on Monday, April 8th. Seaport Res Ptn analyst S. Randhawa now expects that the company will earn ($0.05) per share for the quarter, down from their previous forecast of ($0.04). The consensus estimate for Jushi's current full-year earnings is ($0.22) per share. Seaport Res Ptn also issued estimates for Jushi's Q4 2024 earnings at ($0.04) EPS and FY2024 earnings at ($0.15) EPS.

Jushi (OTCMKTS:JUSHF - Get Free Report) last posted its earnings results on Wednesday, March 13th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.02). Jushi had a negative return on equity of 320.66% and a negative net margin of 24.16%. The business had revenue of $67.77 million for the quarter, compared to the consensus estimate of $65.50 million.

Jushi Stock Up 4.0 %

Shares of JUSHF traded up $0.03 during mid-day trading on Thursday, hitting $0.69. 143,785 shares of the company's stock were exchanged, compared to its average volume of 356,842. The company has a market cap of $136.46 million, a PE ratio of -2.10 and a beta of -0.16. Jushi has a 52 week low of $0.35 and a 52 week high of $1.09. The company has a 50-day simple moving average of $0.72 and a 200 day simple moving average of $0.68. The company has a debt-to-equity ratio of 29.29, a current ratio of 0.50 and a quick ratio of 0.30.

About Jushi

Jushi Holdings Inc, a vertically integrated cannabis company, engages in the cultivation, processing, retail, and distribution of medical and adult-use products. It focuses on building a portfolio of cannabis assets in various jurisdictions in Pennsylvania, Virginia, Ohio, Illinois, California, Nevada, and Massachusetts.