Analysts Set Expectations for OTCMKTS:GTBIF FY2025 Earnings

Green Thumb Industries Inc. (OTCMKTS:GTBIF) – Analysts at Alliance Global Partners reduced their FY2025 earnings per share estimates for Green Thumb Industries in a report released on Thursday, February 27th. Alliance Global Partners analyst A. Grey now anticipates that the company will post earnings of $0.17 per share for the year, down from their prior estimate of $0.19. The consensus estimate for Green Thumb Industries’ current full-year earnings is $0.32 per share.

Green Thumb Industries (OTCMKTS:GTBIF) last released its quarterly earnings data on Wednesday, February 26th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). The company had revenue of $294.32 million for the quarter, compared to analyst estimates of $289.66 million. Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%.

Separately, Roth Capital raised Green Thumb Industries to a “strong-buy” rating in a research note on Sunday, November 10th. Two research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Strong Buy” and an average price target of $16.50.

Green Thumb Industries Stock Performance

OTCMKTS GTBIF opened at $6.95 on Friday. The stock’s fifty day moving average is $7.34 and its two-hundred day moving average is $8.95. The firm has a market capitalization of $1.48 billion, a P/E ratio of 28.96 and a beta of 1.31. Green Thumb Industries has a fifty-two week low of $6.60 and a fifty-two week high of $16.33.

Green Thumb Industries Company Profile

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.