Green Thumb Industries (GTBIF) to Release Quarterly Earnings on Wednesday

Green Thumb Industries (OTCMKTS:GTBIF) is expected to issue its quarterly earnings data after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $283.36 million for the quarter.

Green Thumb Industries (OTCMKTS:GTBIF) last released its quarterly 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). Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%. The company had revenue of $294.32 million during the quarter, compared to analyst estimates of $289.66 million. On average, analysts expect Green Thumb Industries to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Green Thumb Industries Stock Up 5.8 %

OTCMKTS GTBIF opened at $5.89 on Wednesday. Green Thumb Industries has a fifty-two week low of $4.63 and a fifty-two week high of $16.33. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 24.54 and a beta of 1.35. The business has a fifty day moving average of $5.95 and a 200-day moving average of $7.58.

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.