Green Thumb Industries Inc. (OTCMKTS:GTBIF – Free Report) – Investment analysts at Alliance Global Partners upped their Q3 2024 EPS estimates for Green Thumb Industries in a research note issued to investors on Tuesday, August 6th. Alliance Global Partners analyst A. Grey now expects that the company will post earnings per share of $0.06 for the quarter, up from their previous estimate of $0.04. The consensus estimate for Green Thumb Industries’ current full-year earnings is $0.32 per share. Alliance Global Partners also issued estimates for Green Thumb Industries’ Q4 2024 earnings at $0.06 EPS and FY2025 earnings at $0.25 EPS.
Green Thumb Industries (OTCMKTS:GTBIF – Get Free Report) last released its earnings results on Monday, August 5th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.06 by $0.03. The firm had revenue of $280.15 million during the quarter, compared to analysts’ expectations of $277.01 million. Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%.
Check Out Our Latest Stock Analysis on GTBIF
Green Thumb Industries Price Performance
Shares of Green Thumb Industries stock traded down $0.51 on Thursday, reaching $11.25. 268,427 shares of the company were exchanged, compared to its average volume of 507,324. The stock’s 50 day moving average price is $11.62 and its 200-day moving average price is $12.53. The company has a market cap of $2.39 billion, a P/E ratio of 46.88 and a beta of 1.41. Green Thumb Industries has a 1-year low of $6.42 and a 1-year 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.
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