Green Thumb Industries (OTCMKTS:GTBIF) Releases Earnings Results, Misses Estimates By $0.02 EPS

Green Thumb Industries (OTCMKTS:GTBIFGet Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.02), Zacks reports. Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%.

Green Thumb Industries Trading Up 3.6 %

OTCMKTS GTBIF opened at $6.98 on Thursday. The company has a market capitalization of $1.48 billion, a PE ratio of 29.08 and a beta of 1.32. Green Thumb Industries has a twelve month low of $6.60 and a twelve month high of $16.33. The business’s 50-day moving average price is $7.37 and its 200 day moving average price is $9.02.

Analyst Ratings Changes

Separately, Roth Capital raised 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 issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Strong Buy” and a consensus price target of $16.50.

Check Out Our Latest Stock Report on Green Thumb Industries

About Green Thumb Industries

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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.

See Also

Earnings History for Green Thumb Industries (OTCMKTS:GTBIF)

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