Jushi (JUSHF) to Release Quarterly Earnings on Thursday

Jushi (OTCMKTS:JUSHF) is expected to be announcing its results after the market closes on Thursday, May 7th. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $66.8670 million for the quarter.

Jushi (OTCMKTS:JUSHF) last issued its quarterly earnings results on Tuesday, March 31st. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.02). The business had revenue of $68.34 million during the quarter, compared to analysts’ expectations of $67.50 million. On average, analysts expect Jushi to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Jushi Stock Performance

Shares of JUSHF stock opened at $0.51 on Wednesday. Jushi has a 1 year low of $0.27 and a 1 year high of $0.98. The stock has a market cap of $101.75 million, a PE ratio of -1.46 and a beta of -0.67. The business’s fifty day moving average is $0.50 and its 200-day moving average is $0.55.

Wall Street Analysts Forecast Growth

Separately, ATB Cormark Capital Markets cut Jushi from a “strong-buy” rating to a “moderate buy” rating in a research report on Wednesday, April 1st. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.

Jushi Company Profile

Jushi Holdings Inc is a vertically integrated cannabis company engaged in the cultivation, manufacturing and sale of cannabis products across the United States. The company operates cultivation and processing facilities that support a diversified portfolio of consumer brands, serving both medical and adult-use markets. Through its in-house operations, Jushi produces hand-trimmed flower, pre-rolls, vaporizers, concentrates, edibles and topicals.

Jushi’s brand lineup includes Foray, Levia and Beboe, each designed to address distinct consumer preferences and consumption occasions.