Q4 2024 Earnings Forecast for Green Thumb Industries Inc. (OTCMKTS:GTBIF) Issued By Roth Capital

Green Thumb Industries Inc. (OTCMKTS:GTBIF) – Stock analysts at Roth Capital upped their Q4 2024 EPS estimates for shares of Green Thumb Industries in a report issued on Thursday, May 9th. Roth Capital analyst S. Fortune now forecasts that the company will post earnings per share of $0.10 for the quarter, up from their prior estimate of $0.08. The consensus estimate for Green Thumb Industries’ current full-year earnings is $0.26 per share. Roth Capital also issued estimates for Green Thumb Industries’ Q1 2025 earnings at $0.06 EPS, Q2 2025 earnings at $0.07 EPS, Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.09 EPS and FY2025 earnings at $0.31 EPS.

Green Thumb Industries (OTCMKTS:GTBIF) last issued its quarterly earnings data on Wednesday, February 28th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.04). Green Thumb Industries had a return on equity of 2.13% and a net margin of 3.44%. The company had revenue of $278.23 million for the quarter, compared to analyst estimates of $270.07 million.

Separately, Needham & Company LLC increased their price objective on Green Thumb Industries from $15.50 to $17.00 and gave the stock a “buy” rating in a research report on Thursday.

Green Thumb Industries Trading Up 3.5 %

OTCMKTS:GTBIF opened at $12.81 on Friday. The stock has a 50 day simple moving average of $13.10 and a 200 day simple moving average of $11.94. The stock has a market cap of $2.69 billion, a P/E ratio of 85.40 and a beta of 1.58. Green Thumb Industries has a 1-year low of $6.42 and a 1-year 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.