Seaport Res Ptn Issues Positive Outlook for Verano Earnings

Key Points

• Seaport Res Ptn has upgraded its Q3 2025 earnings estimate for Verano Holdings Corp. to a loss of ($0.05) per share, reflecting an improvement from the previous estimate of ($0.06).
• Verano recently reported quarterly earnings of ($0.05) per share with revenues of $202.27 million, falling short of expectations of $211.80 million.
• Cormark has raised Verano's rating from "hold" to a "moderate buy," suggesting increased confidence in the company's future performance.

Verano Holdings Corp. (OTCMKTS:VRNOF - Free Report) - Equities research analysts at Seaport Res Ptn boosted their Q3 2025 earnings per share (EPS) estimates for shares of Verano in a research note issued to investors on Wednesday, August 13th. Seaport Res Ptn analyst S. Randhawa now anticipates that the company will post earnings of ($0.05) per share for the quarter, up from their previous forecast of ($0.06). The consensus estimate for Verano's current full-year earnings is ($0.18) per share. Seaport Res Ptn also issued estimates for Verano's FY2025 earnings at ($0.19) EPS, Q2 2026 earnings at ($0.05) EPS and FY2026 earnings at ($0.19) EPS.

Verano (OTCMKTS:VRNOF - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($0.05) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.05). The business had revenue of $202.27 million for the quarter, compared to analysts' expectations of $211.80 million. Verano had a negative net margin of 40.84% and a negative return on equity of 8.63%.

Separately, Cormark raised Verano from a "hold" rating to a "moderate buy" rating in a report on Monday, August 11th.

Verano Stock Down 19.3%

VRNOF stock opened at $1.21 on Monday. The firm's 50-day moving average is $0.65 and its two-hundred day moving average is $0.72. The company has a market capitalization of $437.75 million, a price-to-earnings ratio of -1.23 and a beta of 0.74. Verano has a 52 week low of $0.41 and a 52 week high of $4.34. The company has a current ratio of 2.51, a quick ratio of 1.06 and a debt-to-equity ratio of 0.53.

About Verano

Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. The company engages in the cultivation, processing, wholesale, and retail distribution of cannabis in Arizona, Arkansas, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, Ohio, Pennsylvania, and West Virginia.

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