Verano Holdings Corp. (OTCMKTS:VRNOF - Free Report) - Stock analysts at Seaport Res Ptn reduced their Q2 2025 earnings estimates for Verano in a research report issued on Tuesday, May 13th. Seaport Res Ptn analyst S. Randhawa now forecasts that the company will post earnings per share of ($0.06) for the quarter, down from their previous forecast of ($0.05). The consensus estimate for Verano's current full-year earnings is ($0.18) per share. Seaport Res Ptn also issued estimates for Verano's Q3 2025 earnings at ($0.06) EPS.
Verano (OTCMKTS:VRNOF - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.02. The firm had revenue of $209.81 million during the quarter, compared to the consensus estimate of $213.84 million. Verano had a negative return on equity of 7.48% and a negative net margin of 16.31%.
Separately, Cormark cut Verano from a "moderate buy" rating to a "hold" rating in a research note on Monday, May 12th.
Read Our Latest Stock Report on VRNOF
Verano Stock Up 6.0%
Verano stock traded up $0.04 during trading hours on Thursday, hitting $0.70. The stock had a trading volume of 107,254 shares, compared to its average volume of 502,288. The stock's 50-day moving average price is $0.67 and its 200-day moving average price is $1.08. The stock has a market capitalization of $249.51 million, a P/E ratio of -1.70 and a beta of 0.99. Verano has a 12-month low of $0.41 and a 12-month high of $5.30. The company has a quick ratio of 0.52, a current ratio of 0.99 and a debt-to-equity ratio of 0.39.
Verano Company Profile
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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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