Cresco Labs Inc. (OTCMKTS:CRLBF – Free Report) – Equities researchers at Cormark upped their FY2024 earnings per share (EPS) estimates for shares of Cresco Labs in a report issued on Tuesday, May 21st. Cormark analyst J. Pytlak now anticipates that the company will post earnings of $0.00 per share for the year, up from their previous forecast of ($0.05). The consensus estimate for Cresco Labs’ current full-year earnings is ($0.05) per share. Cormark also issued estimates for Cresco Labs’ FY2025 earnings at ($0.02) EPS.
Cresco Labs (OTCMKTS:CRLBF – Get Free Report) last announced its quarterly earnings data on Wednesday, May 15th. The company reported ($0.02) earnings per share for the quarter, hitting the consensus estimate of ($0.02). Cresco Labs had a negative return on equity of 6.78% and a negative net margin of 20.32%. The company had revenue of $184.30 million for the quarter, compared to analyst estimates of $183.31 million.
CRLBF has been the topic of several other research reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Cresco Labs in a research note on Thursday, May 16th. Roth Mkm boosted their price objective on Cresco Labs from $1.75 to $2.00 and gave the
