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Seaport Res Ptn Has Optimistic Outlook of Verano Q1 Earnings

Verano logo with Medical background
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Verano Holdings Corp. (OTCMKTS:VRNOF - Free Report) - Analysts at Seaport Res Ptn lifted their Q1 2025 earnings estimates for shares of Verano in a research report issued on Sunday, March 9th. Seaport Res Ptn analyst S. Randhawa now expects that the company will post earnings of ($0.06) per share for the quarter, up from their prior forecast of ($0.07). The consensus estimate for Verano's current full-year earnings is ($0.18) per share. Seaport Res Ptn also issued estimates for Verano's Q2 2025 earnings at ($0.05) EPS, Q3 2025 earnings at ($0.05) EPS, Q4 2025 earnings at ($0.05) EPS and FY2025 earnings at ($0.20) EPS.

Verano Trading Up 2.6 %

OTCMKTS:VRNOF opened at $0.66 on Wednesday. The firm's fifty day moving average is $1.09 and its 200-day moving average is $2.02. 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 has a 52 week low of $0.60 and a 52 week high of $6.50. The firm has a market cap of $235.65 million, a P/E ratio of -1.60 and a beta of 0.97.

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.

Further Reading

Earnings History and Estimates for Verano (OTCMKTS:VRNOF)

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