Green Thumb Industries (CSE: GTII) announced that they will be reporting their third quarter financials after the markets close on November 10th.
Analysts have a consensus C$59.06 12-month price target on the company, via a total of 16 analysts, with 4 analysts having strong buy ratings, and the other 12 having buy ratings on the company. The street high comes from Stifel-GMP with an C$80 price target, and the lowest target comes from Roth Capital Partners with a C$40 price target.
15 analysts have revenue estimates for the third quarter. The mean between all 15 is US$233.33 million; this number has been revised slightly upwards from US$221.54 million at the start of May. The street high is US$250.60 million while the lowest sits at US$222.27 million.
Six analysts have estimates for what this quarter’s gross profit margin will be. They expect the profit margin to come in at 55.32%, with this number being flat at the start of May. Street high is 57% estimate and the lowest sits at 54%.
Onto EBITDA estimates, there are currently 14 analysts who have third-quarter EBITDA estimates. The mean is currently US$82.54 million, with this number being basically flat since the start of May. Street high sits at US$88.70 million EBITDA and the lowest being a US$78.23 million estimate.
Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
