Analysts Set Expectations for OTCMKTS:GTBIF Q4 Earnings

Green Thumb Industries Inc. (OTCMKTS:GTBIF) – Equities research analysts at Roth Capital issued their Q4 2024 EPS estimates for Green Thumb Industries in a report released on Sunday, November 10th. Roth Capital analyst W. Kirk anticipates that the company will earn $0.07 per share for the quarter. Roth Capital has a “Strong-Buy” rating on the stock. The consensus estimate for Green Thumb Industries’ current full-year earnings is $0.32 per share. Roth Capital also issued estimates for Green Thumb Industries’ FY2024 earnings at $0.32 EPS, Q1 2025 earnings at $0.07 EPS, Q2 2025 earnings at $0.08 EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.08 EPS and FY2025 earnings at $0.30 EPS.

A number of other equities analysts have also issued reports on GTBIF. Ventum Cap Mkts raised Green Thumb Industries to a “strong-buy” rating in a research report on Tuesday, August 6th. Craig Hallum raised Green Thumb Industries to a “strong-buy” rating in a research report on Monday, September 16th. Three analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, Green Thumb Industries has a consensus rating of “Strong Buy” and an average target price of $16.50.

Green Thumb Industries Stock Up 14.7 %

Shares of OTCMKTS GTBIF traded up $1.15 during midday trading on Wednesday, hitting $8.95. The stock had a trading volume of 893,041 shares, compared to its average volume of 464,708. The company has a fifty day moving average price of $10.24 and a 200 day moving average price of $11.12. Green Thumb Industries has a 1-year low of $7.50 and a 1-year high of $16.33. The company has a market capitalization of $1.89 billion, a price-to-earnings ratio of 33.15 and a beta of 1.40.

Green Thumb Industries (OTCMKTS:GTBIF) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.02). The firm 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.