Cresco Labs Inc. (OTCMKTS:CRLBF – Free Report) – Research analysts at Ventum Cap Mkts dropped their FY2025 earnings estimates for Cresco Labs in a report issued on Wednesday, March 12th. Ventum Cap Mkts analyst A. Semple now expects that the company will post earnings per share of ($0.09) for the year, down from their prior forecast of ($0.08). The consensus estimate for Cresco Labs’ current full-year earnings is ($0.20) per share.
Cresco Labs (OTCMKTS:CRLBF – Get Free Report) last announced its quarterly earnings results on Friday, March 14th. The company reported ($0.01) EPS for the quarter, hitting analysts’ consensus estimates of ($0.01). The firm had revenue of $176.00 million during the quarter, compared to analysts’ expectations of $172.10 million. Cresco Labs had a negative net margin of 9.15% and a negative return on equity of 16.52%.
Get Our Latest Stock Report on CRLBF
Cresco Labs Stock Down 4.0 %
Shares of CRLBF opened at $0.71 on Monday. The stock has a market cap of $344.14 million, a price-to-earnings ratio of -3.53 and a beta of 1.79. The company has a quick ratio of 1.39, a current ratio of 1.97 and a debt-to-equity ratio of 1.80. Cresco Labs has a 12 month low of $0.70 and a 12 month high of $2.60. The company has a 50-day moving average price of $0.88 and a two-hundred day moving average price of $1.19.
Cresco Labs Company Profile
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.
Further Reading
- Five stocks we like better than Cresco Labs
- Investing In Automotive Stocks
- Arqit Stock Soars as NVIDIA’s GTC Fuels Quantum Excitement
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- 3 Must-Own Stocks to Build Wealth This Decade
- Following Congress Stock Trades
- Advanced Micro Devices Eyes AI Market Growth—Is AMD a Buy?
Receive News & Ratings for Cresco Labs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cresco Labs and related companies with MarketBeat.com's FREE daily email newsletter.