Green Thumb Industries Q1 2024 Adj EPS $0.13 Beats $0.05 Estimate, Sales $276.000M Beat $269.115M Estimate
Portfolio Pulse from Benzinga Newsdesk
Green Thumb Industries (GTBIF) reported Q1 2024 earnings of $0.13 per share, surpassing the $0.05 estimate, with sales of $276M beating the $269.115M forecast. This represents an 11.05% increase over the previous year's sales of $248.536M.
May 08, 2024 | 8:26 pm
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Green Thumb Industries reported a significant beat on both earnings and sales estimates for Q1 2024, indicating strong financial health and growth.
Beating earnings and sales estimates by a wide margin, especially in a competitive industry, is a strong positive signal to investors. This outperformance could lead to increased investor confidence and potentially drive the stock price up in the short term.
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