Equities Analysts Set Expectations for Ascend Wellness Holdings, Inc.’s Q2 2024 Earnings (OTC:AAWH)

Ascend Wellness Holdings, Inc. (OTC:AAWH) – Investment analysts at Atb Cap Markets issued their Q2 2024 EPS estimates for shares of Ascend Wellness in a research note issued to investors on Tuesday, May 7th. Atb Cap Markets analyst F. Gomes expects that the company will earn ($0.06) per share for the quarter. The consensus estimate for Ascend Wellness’ current full-year earnings is ($0.15) per share. Atb Cap Markets also issued estimates for Ascend Wellness’ Q3 2024 earnings at ($0.06) EPS, Q4 2024 earnings at ($0.05) EPS, FY2024 earnings at ($0.26) EPS, FY2025 earnings at ($0.16) EPS and FY2028 earnings at ($0.08) EPS.

Separately, Needham & Company LLC reissued a “hold” rating on shares of Ascend Wellness in a research note on Tuesday.

Ascend Wellness Trading Up 3.5 %

AAWH stock opened at $1.32 on Friday. The company has a debt-to-equity ratio of 2.08, a current ratio of 2.47 and a quick ratio of 1.44. Ascend Wellness has a 1-year low of $0.46 and a 1-year high of $1.82. The business has a 50 day simple moving average of $1.27 and a two-hundred day simple moving average of $1.27. The company has a market capitalization of $272.83 million, a price-to-earnings ratio of -5.50 and a beta of 1.95.

About Ascend Wellness

Ascend Wellness Holdings, Inc engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods in the United States. The company offers flower, pre-rolls, concentrates, vapes, edibles, tinctures, and other cannabis-related products under the Common Goods, SimplyHerb, Ozone, Ozone Reserve, Royale, Tunnel Vision, Miss Grass, Lowell Smokes, Edie Parker, 1906, and AiroPro brands.