Verano Holdings Corp. (OTCMKTS:VRNOF - Free Report) - Equities research analysts at Alliance Global Partners upped their Q4 2024 EPS estimates for Verano in a research report issued on Wednesday, October 30th. Alliance Global Partners analyst A. Grey now expects that the company will post earnings per share of $0.00 for the quarter, up from their previous forecast of ($0.04). The consensus estimate for Verano's current full-year earnings is ($0.16) per share. Alliance Global Partners also issued estimates for Verano's Q3 2024 earnings at $0.00 EPS, FY2024 earnings at ($0.20) EPS, Q1 2025 earnings at ($0.03) EPS and FY2025 earnings at ($0.12) EPS.
Verano (OTCMKTS:VRNOF - Get Free Report) last announced its earnings results on Wednesday, August 7th. The company reported ($0.05) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.05). The company had revenue of $222.39 million during the quarter, compared to analysts' expectations of $224.23 million. Verano had a negative net margin of 13.21% and a negative return on equity of 4.87%.
Separately, Ventum Cap Mkts raised shares of Verano to a "strong-buy" rating in a research report on Tuesday, July 30th.
Read Our Latest Stock Report on Verano
Verano Trading Up 3.4 %
Verano stock traded up $0.11 during trading on Friday, reaching $3.35. The company had a trading volume of 284,540 shares, compared to its average volume of 404,137. Verano has a 12-month low of $3.06 and a 12-month high of $7.08. The stock's 50 day moving average price is $3.34 and its two-hundred day moving average price is $3.89. The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of -9.53 and a beta of 1.22. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.52 and a current ratio of 0.99.
Verano Company Profile
(
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Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. The company engages in the cultivation, processing, wholesale, and retail distribution of cannabis in Arizona, Arkansas, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, Ohio, Pennsylvania, and West Virginia.
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