FY2025 EPS Estimates for Cresco Labs Cut by Ventum Cap Mkts

Cresco Labs Inc. (OTCMKTS:CRLBF) – Analysts at Ventum Cap Mkts lowered their FY2025 earnings estimates for Cresco Labs in a report released on Wednesday, November 5th. Ventum Cap Mkts analyst A. Semple now expects that the company will earn ($0.13) per share for the year, down from their prior forecast of ($0.12). The consensus estimate for Cresco Labs’ current full-year earnings is ($0.20) per share. Ventum Cap Mkts also issued estimates for Cresco Labs’ FY2026 earnings at ($0.10) EPS.

Cresco Labs (OTCMKTS:CRLBF) last released its earnings results on Friday, November 7th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.02). Cresco Labs had a negative return on equity of 13.92% and a negative net margin of 7.79%.The company had revenue of $165.00 million during the quarter, compared to analysts’ expectations of $163.74 million.

Separately, Zacks Research lowered Cresco Labs from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 14th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce”.

Cresco Labs Price Performance

CRLBF opened at $1.07 on Monday. The stock has a fifty day moving average price of $1.21 and a 200 day moving average price of $0.90. The company has a current ratio of 3.10, a quick ratio of 2.22 and a debt-to-equity ratio of 1.33. Cresco Labs has a 1 year low of $0.43 and a 1 year high of $1.62. The stock has a market cap of $380.85 million, a price-to-earnings ratio of -7.13 and a beta of 1.51.

About Cresco Labs

Cresco Labs Inc, together with its subsidiaries, cultivates, manufactures, and sells retail and medical cannabis products in the United States. It provides cannabis in flowers, vape pens, live resins, disposable pens, and extracts under the Cresco brand; vape carts, vape pens, flower, popcorn, shake, pre-rolls, shorties, and concentrates under the High Supply brand; vapes and gummies under the Good News brand; vapes and edibles under the Wonder Wellness Co brand; and tinctures, capsules, salves, and sublingual oils under the Remedi brand.