Roth Capital Has Negative Forecast for Verano Q3 Earnings

Verano Holdings Corp. (OTCMKTS:VRNOF) – Research analysts at Roth Capital reduced their Q3 2025 earnings per share (EPS) estimates for Verano in a report issued on Tuesday, October 28th. Roth Capital analyst W. Kirk now anticipates that the company will post earnings per share of ($0.06) for the quarter, down from their previous estimate of ($0.05). The consensus estimate for Verano’s current full-year earnings is ($0.18) per share. Roth Capital also issued estimates for Verano’s FY2025 earnings at ($0.20) EPS.

Verano (OTCMKTS:VRNOF) last released its quarterly earnings data on Wednesday, October 29th. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.07). The business had revenue of $202.81 million during the quarter, compared to the consensus estimate of $203.10 million. Verano had a negative return on equity of 9.40% and a negative net margin of 41.68%.

Other equities analysts also recently issued research reports about the company. Canaccord Genuity Group raised Verano to a “strong-buy” rating in a research report on Thursday, October 9th. Cormark upgraded Verano from a “hold” rating to a “moderate buy” rating in a report on Monday, August 11th. Two analysts have rated the stock with a Strong Buy rating, According to MarketBeat, Verano presently has a consensus rating of “Strong Buy”.

Verano Stock Down 5.0%

OTCMKTS VRNOF opened at $1.34 on Thursday. The stock’s 50 day moving average is $1.41 and its 200 day moving average is $0.95. The company has a current ratio of 2.51, a quick ratio of 1.06 and a debt-to-equity ratio of 0.53. Verano has a 12 month low of $0.41 and a 12 month high of $3.58. The stock has a market cap of $484.84 million, a PE ratio of -1.37 and a beta of 0.88.

About Verano

Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. The company engages in the cultivation, processing, wholesale, and retail distribution of cannabis in Arizona, Arkansas, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, Ohio, Pennsylvania, and West Virginia.