Q4 Earnings Estimate for Cresco Labs Issued By Roth Capital

Cresco Labs Inc. (OTCMKTS:CRLBF - Free Report) - Roth Capital issued their Q4 2024 EPS estimates for shares of Cresco Labs in a research note issued to investors on Sunday, November 10th. Roth Capital analyst W. Kirk expects that the company will post earnings per share of ($0.01) for the quarter. Roth Capital currently has a "Strong-Buy" rating on the stock. The consensus estimate for Cresco Labs' current full-year earnings is ($0.19) per share. Roth Capital also issued estimates for Cresco Labs' Q1 2025 earnings at ($0.01) EPS, Q2 2025 earnings at $0.00 EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.00 EPS and FY2025 earnings at ($0.01) EPS.

A number of other research analysts also recently issued reports on CRLBF. Ventum Cap Mkts upgraded shares of Cresco Labs to a "strong-buy" rating in a research report on Friday, August 9th. Needham & Company LLC restated a "hold" rating on shares of Cresco Labs in a report on Monday, August 12th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $2.50.

Cresco Labs Trading Up 14.3 %

OTCMKTS CRLBF traded up $0.18 during trading hours on Wednesday, reaching $1.44. The company's stock had a trading volume of 919,928 shares, compared to its average volume of 752,714. The firm has a fifty day simple moving average of $1.58 and a 200-day simple moving average of $1.71. The company has a debt-to-equity ratio of 1.76, a current ratio of 2.00 and a quick ratio of 1.30. Cresco Labs has a 52 week low of $1.02 and a 52 week high of $2.65. The stock has a market cap of $702.92 million, a P/E ratio of -7.10 and a beta of 1.88.

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.