Equities Analysts Set Expectations for Verano Holdings Corp.’s Q1 2025 Earnings (OTCMKTS:VRNOF)

Verano Holdings Corp. (OTCMKTS:VRNOF) – Equities researchers at Roth Capital issued their Q1 2025 earnings per share estimates for shares of Verano in a research report issued to clients and investors on Thursday, May 9th. Roth Capital analyst S. Fortune anticipates that the company will post earnings per share of ($0.04) for the quarter. The consensus estimate for Verano’s current full-year earnings is ($0.20) per share. Roth Capital also issued estimates for Verano’s Q2 2025 earnings at ($0.03) EPS, Q3 2025 earnings at ($0.02) EPS, Q4 2025 earnings at ($0.01) EPS and FY2025 earnings at ($0.10) EPS.

Verano (OTCMKTS:VRNOF) last issued its earnings results on Wednesday, May 8th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.07. The company had revenue of $221.31 million for the quarter, compared to analyst estimates of $215.71 million. Verano had a negative net margin of 12.50% and a negative return on equity of 4.49%.

Separately, Needham & Company LLC reiterated a “buy” rating and issued a $7.00 price target on shares of Verano in a research report on Wednesday.

Verano Price Performance

Shares of VRNOF stock opened at $5.06 on Friday. The firm’s 50 day moving average price is $5.26 and its two-hundred day moving average price is $4.96. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.62 and a current ratio of 0.96. Verano has a 52-week low of $2.53 and a 52-week high of $7.08. The stock has a market cap of $1.74 billion, a PE ratio of -14.88 and a beta of 1.49.

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.