FY2024 EPS Estimates for Ayr Wellness Cut by Roth Capital

Ayr Wellness Inc. (CVE:AYR) – Equities research analysts at Roth Capital dropped their FY2024 earnings estimates for Ayr Wellness in a research report issued on Wednesday, November 13th. Roth Capital analyst W. Kirk now forecasts that the company will post earnings of ($1.93) per share for the year, down from their prior estimate of ($1.69). Roth Capital currently has a “Strong-Buy” rating on the stock. Roth Capital also issued estimates for Ayr Wellness’ Q4 2024 earnings at ($0.47) EPS, Q1 2025 earnings at ($0.44) EPS, Q2 2025 earnings at ($0.43) EPS, Q3 2025 earnings at ($0.41) EPS, Q4 2025 earnings at ($0.41) EPS and FY2025 earnings at ($1.70) EPS.

Other analysts have also issued reports about the company. Ventum Cap Mkts raised Ayr Wellness to a “strong-buy” rating in a report on Wednesday, August 7th. Atb Cap Markets downgraded Ayr Wellness from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 13th.

Ayr Wellness Price Performance

Insider Transactions at Ayr Wellness

In other Ayr Wellness news, insider Millstreet Credit Fund LP acquired 1,170,000 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The shares were purchased at an average price of C$1.09 per share, for a total transaction of C$1,273,718.16. Also, Senior Officer Jr. Mendola Robert James sold 19,163 shares of the firm’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of C$2.82, for a total transaction of C$54,039.66.

About Ayr Wellness

Aircastle Ltd. engages in the lease, finance, sale, and management of commercial flight equipment. It employs a balanced approach to investment and capitalization. The company was founded on October 29, 2004 and is headquartered in Stamford, CT.