Brokers Offer Predictions for OTCMKTS:GTBIF FY2025 Earnings

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

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

Green Thumb Industries Price Performance

Shares of Green Thumb Industries stock opened at $7.20 on Friday. Green Thumb Industries has a 1 year low of $6.60 and a 1 year high of $16.33. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of 30.00 and a beta of 1.32. The firm’s 50-day moving average is $7.36 and its two-hundred day moving average is $8.99.

Green Thumb Industries (OTCMKTS:GTBIF) last issued its earnings results 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 firm had revenue of $294.32 million for the quarter, compared to the consensus estimate of $289.66 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.