Verano Holdings Corp. (OTCMKTS:VRNOF – Free Report) – Analysts at Seaport Res Ptn lowered their Q1 2024 earnings per share estimates for Verano in a note issued to investors on Tuesday, April 9th. Seaport Res Ptn analyst S. Randhawa now forecasts that the company will post earnings per share of ($0.05) for the quarter, down from their previous forecast of ($0.03). The consensus estimate for Verano’s current full-year earnings is ($0.20) per share. Seaport Res Ptn also issued estimates for Verano’s Q2 2024 earnings at ($0.03) EPS and FY2024 earnings at ($0.10) EPS.
Verano (OTCMKTS:VRNOF – Get Free Report) last released its quarterly earnings data on Friday, March 15th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). The company had revenue of $237.19 million for the quarter, compared to analysts’ expectations of $233.22 million. Verano had a negative return on equity of 4.49% and a negative net margin of 12.50%.
Separately, Needham & Company LLC lifted their price objective on Verano from $6.00 to $7.00 and gave the stock a “buy” rating in a research report on Friday, March 1st.
Get Our Latest Analysis on VRNOF
Verano Stock Performance
Shares of Verano stock traded down
