FY2025 EPS Estimates for OTCMKTS:GTBIF Reduced by Analyst

Green Thumb Industries Inc. (OTCMKTS:GTBIF) – Equities researchers at Atb Cap Markets lowered their FY2025 EPS estimates for Green Thumb Industries in a research note issued to investors on Wednesday, February 26th. Atb Cap Markets analyst F. Gomes now forecasts that the company will post earnings per share of $0.13 for the year, down from their previous estimate of $0.14. The consensus estimate for Green Thumb Industries’ current full-year earnings is $0.32 per share.

Green Thumb Industries (OTCMKTS:GTBIF) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.04 EPS 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 the consensus estimate 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 upgraded shares of 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 issued a strong buy rating to the company. Based on data from MarketBeat.com, Green Thumb Industries has an average rating of “Strong Buy” and an average target price of $16.50.

Green Thumb Industries Stock Performance

GTBIF opened at $7.20 on Friday. The firm has a market cap of $1.53 billion, a P/E ratio of 30.00 and a beta of 1.32. The business’s fifty day moving average is $7.36 and its 200-day moving average is $8.99. Green Thumb Industries has a 52-week low of $6.60 and a 52-week high of $16.33.

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.