Atb Cap Markets Has Negative View of Verano FY2024 Earnings

Verano Holdings Corp. (OTC:VRNOF) – Atb Cap Markets dropped their FY2024 earnings per share (EPS) estimates for Verano in a research report issued to clients and investors on Monday, December 9th. Atb Cap Markets analyst F. Gomes now expects that the company will earn ($0.25) per share for the year, down from their previous forecast of ($0.24). The consensus estimate for Verano’s current full-year earnings is ($0.25) per share. Atb Cap Markets also issued estimates for Verano’s Q4 2024 earnings at ($0.05) EPS and FY2025 earnings at ($0.19) EPS.

Separately, Roth Capital raised Verano to a “strong-buy” rating in a research report on Sunday, November 10th.

Verano Trading Up 1.4 %

Shares of OTC:VRNOF opened at $1.44 on Wednesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.74 and a quick ratio of 0.29. Verano has a 12-month low of $1.25 and a 12-month high of $7.08. The firm has a market cap of $516.60 million, a price-to-earnings ratio of -3.46 and a beta of 0.88.

About Verano

Verano Holdings Corp. operates as a vertically-integrated multi-state cannabis operator in the United States. The company produces and sells a suite of cannabis products under the portfolio of consumer brands, including Verano, Avexia, Encore, and MÜV. It designs, builds, and operates dispensaries under the Zen Leaf and MÜV retail brands that delivers a cannabis shopping experience in medical and adult-use markets.