If you’re reading this, you probably already know that cannabis stocks have the potential to add to your portfolio at an attractive rate over the next few years. However, with so much volatility in the cannabis sector, it can be difficult to pick winning cannabis stocks. But is GTBIF a strong buy before today’s earnings call?
Related: Should You Buy Green Thumb Industries Stock?
The wave of cannabis legalization currently sweeping through the U.S., as well as the prospect of decriminalizing or even legalizing adult-use, will be key drivers for licensed producers like Green Thumb Industries.
Here, we take a look at Green Thumb Industries which is currently trading at a deep discount according to Wall Street estimates. In fact, we believe his will certainly allow cannabis stock investors to create market-beating gains in the next year. But Is GTBIF a strong buy before today’s earnings call? Let’s take a look
- GTBIF is scheduled to announce Q1 earnings results today 5/4 after market close.
- Green Thumb Industries (OTCQX:GTBIF) Q1 consensus EPS estimate is $0.06 and consensus revenue estimate is $237.35M (+22.1% Y/Y).
- Over the last 1 year, GTBIF has beaten EPS estimates 25% of the time and revenue estimates 100% of the time.
- Over the last 3 months, EPS estimates have seen 0 upward revisions and 2 downward revisions. Revenue estimates have seen 0 upward revision and 11 downward revisions.
Is GTBIF a strong buy before today’s earnings call?
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