Jushi (OTCMKTS:JUSHF) Issues Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Jushi (OTCMKTS:JUSHF - Get Free Report) issued its quarterly earnings data on Wednesday. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.02), Zacks reports. The business had revenue of $65.86 million during the quarter, compared to the consensus estimate of $64.03 million.

Jushi Price Performance

JUSHF stock traded down $0.02 during mid-day trading on Monday, reaching $0.27. The company had a trading volume of 267,958 shares, compared to its average volume of 223,301. The company has a market capitalization of $53.09 million, a PE ratio of -1.00 and a beta of -0.83. The firm has a 50 day moving average of $0.33 and a 200 day moving average of $0.40. Jushi has a 12 month low of $0.22 and a 12 month high of $0.92.

Wall Street Analysts Forecast Growth

Separately, Atb Cap Markets lowered shares of Jushi from a "hold" rating to a "strong sell" rating in a research note on Monday, December 9th.

About Jushi

Jushi Holdings Inc, a vertically integrated cannabis company, engages in the cultivation, processing, retail, and distribution of cannabis for medical and adult-use markets. The company offers flower, extracts, concentrates, edibles, oil, pre-rolls, tinctures, capsules, softgels, cannabis-infused gummies and ultra-premium chocolate, and topicals products, as well as vaporization devices and cartridges under The Bank, The Lab, Nira+ Medicinals, Sèchè, Tasteology, and Hijinks brands.