OTCMKTS:GTBIF Q4 EPS Forecast Cut by Atb Cap Markets

Green Thumb Industries Inc. (OTCMKTS:GTBIF) – Atb Cap Markets lowered their Q4 2024 EPS estimates for Green Thumb Industries in a research report issued on Thursday, November 7th. Atb Cap Markets analyst F. Gomes now anticipates that the company will earn $0.04 per share for the quarter, down from their previous forecast of $0.07. The consensus estimate for Green Thumb Industries’ current full-year earnings is $0.32 per share.

Other equities research analysts also recently issued research reports about the company. Craig Hallum upgraded 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 report on Tuesday, August 6th. Three equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Green Thumb Industries presently has an average rating of “Buy” and a consensus target price of $16.50.

Green Thumb Industries Trading Down 12.5 %

OTCMKTS:GTBIF opened at $7.80 on Monday. The stock has a 50 day moving average of $10.26 and a two-hundred day moving average of $11.14. Green Thumb Industries has a 12 month low of $7.50 and a 12 month high of $16.33. The firm has a market cap of $1.65 billion, a P/E ratio of 28.90 and a beta of 1.40.

Green Thumb Industries (OTCMKTS:GTBIF) last issued 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). The business had revenue of $286.87 million during the quarter, compared to analyst estimates of $283.96 million. Green Thumb Industries had a net margin of 5.38% and a return on equity of 3.39%.

About Green Thumb Industries

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.