Green Thumb Industries Q2 2024 GAAP EPS $0.09 Beats $0.05 Estimate, Sales $280.147M Beat $277.298M Estimate
Portfolio Pulse from Benzinga Newsdesk
Green Thumb Industries (OTC:GTBIF) reported Q2 2024 earnings per share (EPS) of $0.09, beating the analyst estimate of $0.05 by 80%. The company also reported sales of $280.147 million, surpassing the $277.298 million estimate. This represents an 11% increase in sales compared to the same period last year.
August 05, 2024 | 8:12 pm
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Green Thumb Industries reported strong Q2 2024 earnings, with EPS of $0.09 beating estimates by 80% and sales of $280.147 million surpassing expectations. This positive performance is likely to boost investor confidence and drive the stock price up in the short term.
The significant beat on both EPS and sales estimates, along with strong year-over-year growth, is likely to positively impact investor sentiment and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100