Green Thumb: Fourth Quarter Analyst Consensus Estimates

Green Thumb Industries (CSE: GTII) announced that they will be reporting their fourth quarter and year end financials after hours on March 17th. Analysts have a consensus C$49.69 12-month price target on the company, via a total of 14 analysts, with three analysts having a strong buy rating and the other 11 have buy ratings. The street high comes from BTIG with a C$73 price target, and the lowest target comes from Beacon Securities with a C$33 price target.

Fourteen analysts have revenue estimates for the fourth quarter. The mean between all 14 is U$167.2 million; this number has been revised upwards from U$166.47 million at the start of the year. BTIG currently has the highest revenue estimate with U$183.50 million, while the lowest comes from Benchmark with a U$152 million estimate.

For the full year, the average revenue estimate between 14 analysts is currently U$549.81 million. This number has been revised upwards from U$548.98 million at the start of the year. The street high comes from Cormark with a U$564.7 full-year revenue estimate.

Onto EBITDA estimates, there are currently 12 analysts who have fourth-quarter EBITDA estimates. The mean is currently U$57.42 million, with this number being revised upwards from U$55.63 million at the start of the year. Street high goes to BITG with a U$72.80 million EBITDA estimate and the lowest being Benchmark with a U$44 million estimate.

For the full year, the current EBITDA mean across 13 analysts is U$172.17 million. This number has been revised upwards from U$170.91 million at the start of the year. BITG currently has the highest full-year estimate at U$187 million and the lowest being Benchmark with a U$158 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.

Video Articles

SSR Mining Walks Away From a World Class Gold-Copper Project

Why More Canadians Are Starting to Think About Leaving | Jesse Day

Instead of Waiting, This Gold Developer Went Bigger | Kenneth McLeod – Sonoro Gold

Recommended

Why This Gold Company Keeps Spinning Out Assets | John-Mark Staude – Riverside Resources

Silver at $75 and Why U.S. Silver Ounces Are Getting Hard to Find | Galen McNamara – Silver47

Related News

Shopify: Canaccord Raises Price Target To $1,450 Off Back Of Strong Earnings

Shopify (NYSE: SHOP) reported second-quarter financials on July 28th. The company is keeping the US...

Friday, July 30, 2021, 04:32:00 PM

Zoom: Analysts Anticipate $906 Million In Q1 Revenues

Zoom Video Communications (NASDAQ: ZM) will be reporting their first quarter financial results June 1st...

Tuesday, June 1, 2021, 11:21:00 AM

Leon Cooperman Calls Out Ben Kovler For Insider Selling At Green Thumb

It appears billionaire hedge fund investor Leon Cooperman is losing faith in Green Thumb Industries...

Sunday, May 8, 2022, 01:13:00 PM

GameStop: Analyst Expectations For GME’s Fourth Quarter

GameStop (NYSE: GME) announced that they will be reporting their fourth quarter and year-end financials...

Tuesday, March 23, 2021, 02:33:16 PM

Cresco Labs: Canaccord Maintains Price Target Following FY2020 Results

Last week, Cresco Labs (CSE: CL) reported their fourth quarter and full-year 2020 financial results....

Monday, March 29, 2021, 11:44:00 AM