Atb Cap Markets Issues Negative Estimate for Verano Earnings

Verano Holdings Corp. (OTC:VRNOF) – Equities researchers at Atb Cap Markets decreased their FY2024 earnings estimates for shares of Verano in a research report issued to clients and investors on Monday, December 9th. Atb Cap Markets analyst F. Gomes now forecasts that the company will post earnings per share of ($0.25) for the year, down from their prior forecast of ($0.24). The consensus estimate for Verano’s current full-year earnings is ($0.25) per share. Atb Cap Markets also issued estimates for Verano’s Q4 2024 earnings at ($0.05) EPS and FY2025 earnings at ($0.19) EPS.

Separately, Roth Capital upgraded Verano to a “strong-buy” rating in a research note on Sunday, November 10th.

Verano Stock Down 6.3 %

Shares of VRNOF stock opened at $1.19 on Wednesday. Verano has a 52 week low of $1.16 and a 52 week high of $7.08. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.29 and a current ratio of 0.74.

Verano Company Profile

Verano Holdings Corp. operates as a vertically-integrated multi-state cannabis operator in the United States. The company produces and sells a suite of cannabis products under the portfolio of consumer brands, including Verano, Avexia, Encore, and MÜV. It designs, builds, and operates dispensaries under the Zen Leaf and MÜV retail brands that delivers a cannabis shopping experience in medical and adult-use markets.