Analysts Set Expectations for OTCMKTS:GTBIF FY2025 Earnings

Green Thumb Industries Inc. (OTCMKTS:GTBIF) – Equities researchers at Alliance Global Partners reduced their FY2025 earnings per share (EPS) estimates for shares of Green Thumb Industries in a note issued to investors on Thursday, February 27th. Alliance Global Partners analyst A. Grey now forecasts that the company will post earnings of $0.17 per share for the year, down from their previous estimate of $0.19. The consensus estimate for Green Thumb Industries’ current full-year earnings is $0.32 per share.

Separately, Roth Capital upgraded Green Thumb Industries to a “strong-buy” rating in a report on Sunday, November 10th. Two equities research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Strong Buy” and a consensus price target of $16.50.

Green Thumb Industries Trading Down 3.5 %

GTBIF stock opened at $6.95 on Friday. The business’s fifty day moving average price is $7.34 and its 200 day moving average price is $8.95. Green Thumb Industries has a 12-month low of $6.60 and a 12-month high of $16.33. The company has a market capitalization of $1.48 billion, a PE ratio of 28.96 and a beta of 1.31.

Green Thumb Industries (OTCMKTS:GTBIF) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.02). The firm had revenue of $294.32 million during the quarter, compared to analysts’ expectations of $289.66 million. Green Thumb Industries had a net margin of 5.38% and a return on equity of 3.39%.

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.