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Verano (VRNOF) to Release Quarterly Earnings on Wednesday

Verano logo with Medical background
Image from MarketBeat Media, LLC.

Key Points

  • Verano will release quarterly results before the market opens on Wednesday, May 6, with analysts expecting earnings of ($0.0380) per share and revenue of $206.017 million.
  • The stock opened at $1.26 with a market cap of $455.89 million, a negative P/E of -1.29, a 52‑week range of $0.41–$3.58, and 50/200‑day moving averages around $1.26/$1.28.
  • Verano is a vertically integrated cannabis company operating cultivation, processing and retail operations across numerous U.S. markets, including Florida, Illinois, Massachusetts, Michigan, New Jersey, New York, Pennsylvania and others.
  • MarketBeat previews top five stocks to own in June.

Verano (OTCMKTS:VRNOF - Get Free Report) is expected to issue its results before the market opens on Wednesday, May 6th. Analysts expect the company to announce earnings of ($0.0380) per share and revenue of $206.0170 million for the quarter.

Verano Price Performance

OTCMKTS:VRNOF opened at $1.26 on Wednesday. The stock has a market cap of $455.89 million, a P/E ratio of -1.29 and a beta of 0.87. Verano has a one year low of $0.41 and a one year high of $3.58. The company has a fifty day moving average price of $1.26 and a 200 day moving average price of $1.28. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.69 and a quick ratio of 1.16.

About Verano

(Get Free Report)

Verano Holdings Inc OTCMKTS: VRNOF is a vertically integrated cannabis company engaged in cultivation, processing and retail operations across the United States. The company focuses on both medical and adult‐use markets, operating high‐quality cultivation facilities and dispensaries under several retail brands. Through its cultivation network, Verano produces flower, pre‐rolls, concentrates, vape cartridges, edibles and topicals, aiming to serve a wide range of consumer preferences and therapeutic applications.

Verano’s retail footprint extends across multiple states and territories, including Florida, Illinois, Massachusetts, Michigan, New Jersey, New York, Pennsylvania, Ohio, Maryland, Iowa, Missouri, Nevada and Puerto Rico.

See Also

Earnings History for Verano (OTCMKTS:VRNOF)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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