Verano Holdings Corp. (VRNOF) Reports Q3 Loss, Lags Revenue Estimates
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Verano Holdings Corp. (VRNOF) reported a Q3 loss of $0.12 per share, missing the Zacks Consensus Estimate of a $0.03 loss. This is a significant increase in loss compared to the $0.03 per share loss from the previous year.
November 07, 2024 | 4:30 pm
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Verano Holdings Corp. reported a larger than expected Q3 loss of $0.12 per share, significantly missing the Zacks Consensus Estimate of a $0.03 loss. This marks a deterioration from the previous year's loss of $0.03 per share.
The significant miss on earnings estimates and the increase in loss compared to the previous year are likely to negatively impact investor sentiment and the stock price in the short term.
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