Seaport Res Ptn Reduces Earnings Estimates for Ayr Wellness

Ayr Wellness Inc. (CVE:AYR) – Research analysts at Seaport Res Ptn cut their Q4 2024 EPS estimates for Ayr Wellness in a research note issued on Sunday, November 24th. Seaport Res Ptn analyst S. Randhawa now anticipates that the company will post earnings of ($0.36) per share for the quarter, down from their previous forecast of ($0.33). Seaport Res Ptn also issued estimates for Ayr Wellness’ Q1 2025 earnings at ($0.34) EPS, Q2 2025 earnings at ($0.31) EPS, Q3 2025 earnings at ($0.29) EPS, Q4 2025 earnings at ($0.28) EPS and FY2025 earnings at ($1.22) EPS.

Several other brokerages also recently commented on AYR. Roth Capital upgraded shares of Ayr Wellness to a “strong-buy” rating in a research report on Friday, November 8th. Atb Cap Markets downgraded shares of Ayr Wellness from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 13th. Finally, Ventum Cap Mkts upgraded shares of Ayr Wellness to a “strong-buy” rating in a report on Wednesday, August 7th.

Ayr Wellness Stock Performance

Insider Transactions at Ayr Wellness

In related news, Senior Officer Jr. Mendola Robert James sold 19,163 shares of the business’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of C$2.82, for a total value of C$54,039.66. Also, insider Millstreet Credit Fund LP acquired 1,170,000 shares of Ayr Wellness stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average cost of C$1.09 per share, for a total transaction of C$1,273,718.16.

Ayr Wellness Company Profile

Aircastle Ltd. engages in the lease, finance, sale, and management of commercial flight equipment. It employs a balanced approach to investment and capitalization. The company was founded on October 29, 2004 and is headquartered in Stamford, CT.