Analysts Set Expectations for Cresco Labs FY2025 Earnings

Cresco Labs Inc. (OTCMKTS:CRLBF) – Equities researchers at Ventum Cap Mkts lowered their FY2025 earnings per share estimates for shares of Cresco Labs in a research report issued on Wednesday, March 12th. Ventum Cap Mkts analyst A. Semple now forecasts that the company will earn ($0.09) per share for the year, down from their prior estimate of ($0.08). The consensus estimate for Cresco Labs’ current full-year earnings is ($0.20) per share.

Cresco Labs (OTCMKTS:CRLBF) last released its quarterly earnings results on Friday, March 14th. The company reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). Cresco Labs had a negative return on equity of 16.52% and a negative net margin of 9.15%. The business had revenue of $176.00 million during the quarter, compared to analyst estimates of $172.10 million.

Separately, Atb Cap Markets cut Cresco Labs from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 9th. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $3.00.

Cresco Labs Trading Down 0.8 %

Shares of CRLBF stock opened at $0.73 on Monday. Cresco Labs has a fifty-two week low of $0.70 and a fifty-two week high of $2.60. The company has a 50 day moving average price of $0.88 and a 200 day moving average price of $1.19. The stock has a market capitalization of $358.29 million, a P/E ratio of -3.67 and a beta of 1.79. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.39 and a current ratio of 1.97.

About Cresco Labs

Cresco Labs Inc, together with its subsidiaries, cultivates, manufactures, and sells retail and medical cannabis products in the United States. It provides cannabis in flowers, vape pens, live resins, disposable pens, and extracts under the Cresco brand; vape carts, vape pens, flower, popcorn, shake, pre-rolls, shorties, and concentrates under the High Supply brand; vapes and gummies under the Good News brand; vapes and edibles under the Wonder Wellness Co brand; and tinctures, capsules, salves, and sublingual oils under the Remedi brand.