Seaport Res Ptn Brokers Boost Earnings Estimates for Verano

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) - Stock analysts at Seaport Res Ptn increased their Q3 2025 earnings per share estimates for shares of Verano in a report released on Wednesday, August 13th. Seaport Res Ptn analyst S. Randhawa now anticipates that the company will earn ($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 released its quarterly earnings results on Thursday, August 7th. The company reported ($0.05) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.05). The company had revenue of $202.27 million during the quarter, compared to the consensus estimate of $211.80 million. Verano had a negative return on equity of 8.63% and a negative net margin of 40.84%.

Separately, Cormark upgraded Verano from a "hold" rating to a "moderate buy" rating in a research note on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, Verano currently has a consensus rating of "Strong Buy".

Verano Stock Down 9.9%

Shares of VRNOF traded down $0.17 during trading hours on Monday, hitting $1.55. 868,830 shares of the company were exchanged, compared to its average volume of 1,579,266. The company has a market cap of $560.76 million, a PE ratio of -1.58 and a beta of 0.74. The firm's 50 day moving average is $0.76 and its 200-day moving average is $0.74. Verano has a 52 week low of $0.41 and a 52 week high of $3.98. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.06 and a current ratio of 2.51.

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.