Green Thumb Industries Q2 EPS $0.05, Inline, Sales $252.39M Beat $250.56M Estimate
Portfolio Pulse from Happy Mohamed
Green Thumb Industries (OTC:GTBIF) reported Q2 earnings of $0.05 per share, meeting analyst consensus. This is a 50% decrease from the same period last year. The company's quarterly sales of $252.39M beat the analyst consensus estimate of $250.56M by 0.73%, but it's a 0.76% decrease from last year's sales.
August 08, 2023 | 8:36 pm
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Green Thumb Industries reported Q2 earnings in line with estimates but down 50% YoY. Sales beat estimates but are down 0.76% YoY.
Green Thumb Industries' earnings met analyst expectations, which is generally positive. However, the 50% YoY decrease in earnings and the 0.76% YoY decrease in sales could be concerning to investors, potentially leading to a neutral or negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100