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Ventum Cap Mkts Forecasts Ascend Wellness Q4 Earnings

Ascend Wellness logo with Medical background

Ascend Wellness Holdings, Inc. (OTC:AAWH - Free Report) - Stock analysts at Ventum Cap Mkts issued their Q4 2024 earnings estimates for shares of Ascend Wellness in a note issued to investors on Tuesday, November 12th. Ventum Cap Mkts analyst A. Semple anticipates that the company will post earnings per share of ($0.07) for the quarter. The consensus estimate for Ascend Wellness' current full-year earnings is ($0.32) per share. Ventum Cap Mkts also issued estimates for Ascend Wellness' FY2025 earnings at ($0.26) EPS and FY2026 earnings at ($0.18) EPS.

Ascend Wellness (OTC:AAWH - Get Free Report) last announced its earnings results on Tuesday, November 12th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.03). The company had revenue of $141.65 million during the quarter, compared to analysts' expectations of $144.13 million. Ascend Wellness had a negative net margin of 15.47% and a negative return on equity of 72.18%.

Ascend Wellness Price Performance

Shares of AAWH traded down $0.03 during mid-day trading on Friday, hitting $0.47. The company's stock had a trading volume of 691,410 shares, compared to its average volume of 221,432. The firm has a 50-day simple moving average of $0.82 and a 200 day simple moving average of $0.95. The firm has a market capitalization of $99.66 million, a P/E ratio of -1.13 and a beta of 1.69. The company has a current ratio of 1.47, a quick ratio of 1.29 and a debt-to-equity ratio of 2.61. Ascend Wellness has a 1-year low of $0.42 and a 1-year high of $1.82.

About Ascend Wellness

(Get Free Report)

Ascend Wellness Holdings, Inc engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods in the United States. The company offers flower, pre-rolls, concentrates, vapes, edibles, tinctures, and other cannabis-related products under the Common Goods, SimplyHerb, Ozone, Ozone Reserve, Royale, Tunnel Vision, Miss Grass, Lowell Smokes, Edie Parker, 1906, and AiroPro brands.

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Earnings History and Estimates for Ascend Wellness (OTC:AAWH)

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