Q4 EPS Estimates for OTCMKTS:GTBIF Decreased by Analyst

Green Thumb Industries Inc. (OTCMKTS:GTBIF) – Analysts at Atb Cap Markets reduced their Q4 2024 earnings per share estimates for Green Thumb Industries in a report released on Thursday, November 7th. Atb Cap Markets analyst F. Gomes now expects that the company will post earnings per share of $0.04 for the quarter, down from their previous estimate of $0.07. The consensus estimate for Green Thumb Industries’ current full-year earnings is $0.32 per share.

Other equities analysts also recently issued reports about the company. Ventum Cap Mkts upgraded Green Thumb Industries to a “strong-buy” rating in a research report on Tuesday, August 6th. Craig Hallum upgraded Green Thumb Industries to a “strong-buy” rating in a research note on Monday, September 16th. Finally, Roth Capital upgraded shares of Green Thumb Industries to a “strong-buy” rating in a research note on Sunday. Three investment analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Strong Buy” and a consensus target price of $16.50.

Green Thumb Industries Price Performance

Shares of Green Thumb Industries stock opened at $8.95 on Monday. The stock has a market capitalization of $1.89 billion, a PE ratio of 33.15 and a beta of 1.40. Green Thumb Industries has a 1-year low of $7.50 and a 1-year high of $16.33. The company’s fifty day simple moving average is $10.24 and its 200-day simple moving average is $11.12.

Green Thumb Industries (OTCMKTS:GTBIF) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%. The business had revenue of $286.87 million during the quarter, compared to analysts’ expectations of $283.96 million.

Green Thumb Industries Company Profile

Green Thumb Industries Inc manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. The company offers cannabis flower; processed and packaged products, including pre-rolls, concentrates, vapes, capsules, tinctures, edibles, topicals, and other cannabis-related products under the &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RHYTHM brands.