Atb Cap Markets Forecasts OTCMKTS:GTBIF Q4 Earnings

Green Thumb Industries Inc. (OTCMKTS:GTBIF - Free Report) - Equities research analysts at Atb Cap Markets dropped their Q4 2024 earnings per share (EPS) estimates for shares of Green Thumb Industries in a research report issued on Thursday, November 7th. Atb Cap Markets analyst F. Gomes now forecasts that the company will post earnings per share of $0.04 for the quarter, down from their prior estimate of $0.07. The consensus estimate for Green Thumb Industries' current full-year earnings is $0.32 per share.

Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.02). Green Thumb Industries had a net margin of 5.38% and a return on equity of 3.39%. The company had revenue of $286.87 million during the quarter, compared to analyst estimates of $283.96 million.

Several other equities analysts have also weighed in on GTBIF. Craig Hallum raised shares of Green Thumb Industries to a "strong-buy" rating in a research report on Monday, September 16th. Ventum Cap Mkts upgraded shares of Green Thumb Industries to a "strong-buy" rating in a research note on Tuesday, August 6th. Three research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Buy" and an average price target of $16.50.

Green Thumb Industries Stock Performance

OTCMKTS:GTBIF traded down $1.12 during mid-day trading on Monday, hitting $7.80. The stock had a trading volume of 1,941,637 shares, compared to its average volume of 462,275. The company's 50 day simple moving average is $10.30 and its 200 day simple moving average is $11.17. The stock has a market cap of $1.65 billion, a price-to-earnings ratio of 33.04 and a beta of 1.40. Green Thumb Industries has a twelve month low of $7.50 and a twelve month high of $16.33.

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.