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

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

Antimony Resources Expands New Discovery Following Trenching

Silver47 Kicks Off 7,000-Meter Drill Campaign at Nevada’s Hughes Project

Related News

BMO Reduces Endeavour Silver’s Price Target To $5.25

Endeavour Silver Corp. (TSX: EDR) reported its first quarter financial results this past week. The...

Sunday, May 15, 2022, 01:11:00 PM

Aphria: Canaccord Upgrades Price Target To $11.00 Following SweetWater Transaction

On Wednesday, Aphria Inc (TSX: APHA) (NASDAQ: APHA) announced that it had entered an agreement...

Thursday, November 5, 2020, 03:01:00 PM

US Cannabis: Stifel Expects “Limited To No Sales Growth”

Earlier this month, Stifel-GMP came out with their US cannabis second quarter preview, calling the...

Monday, August 1, 2022, 01:17:00 PM

WeedMD: Canaccord Reiterates Price Target After Earnings

WeedMD (TSXV: WMD) reported their first-quarter financials of 2021 on June 29th. The company reported...

Thursday, July 1, 2021, 03:09:00 PM

Eguana Tech: Stifel-GMP Raises Estimates, Lifts Price Target To $0.70

On May 30, Eguana Technologies (TSXV: EGT) announced its second-quarter financial results. The company reported...

Thursday, June 2, 2022, 02:11:00 PM