Analysts Set Expectations for Ayr Wellness FY2024 Earnings

Ayr Wellness Inc. (CVE:AYR) – Ventum Cap Mkts issued their FY2024 earnings per share (EPS) estimates for shares of Ayr Wellness in a research note issued to investors on Wednesday, November 13th. Ventum Cap Mkts analyst J. Zandberg forecasts that the company will post earnings per share of ($1.62) for the year. Ventum Cap Mkts currently has a “Strong-Buy” rating on the stock. Ventum Cap Mkts also issued estimates for Ayr Wellness’ Q4 2024 earnings at ($0.31) EPS, FY2025 earnings at ($1.06) EPS and FY2026 earnings at ($1.01) EPS.

A number of other analysts have also issued reports on AYR. Atb Cap Markets lowered Ayr Wellness from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 13th. Roth Capital upgraded Ayr Wellness to a “strong-buy” rating in a report on Friday, November 8th.

Ayr Wellness Price Performance

Insider Buying and Selling

In related news, Senior Officer Jr. Mendola Robert James sold 19,163 shares of the business’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of C$2.82, for a total transaction of C$54,039.66. Also, insider Millstreet Credit Fund LP bought 450,000 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were bought at an average cost of C$1.26 per share, for a total transaction of C$568,463.40.

Ayr Wellness Company Profile

Aircastle Ltd. engages in the lease, finance, sale, and management of commercial flight equipment. It employs a balanced approach to investment and capitalization. The company was founded on October 29, 2004 and is headquartered in Stamford, CT.