Q3 2024 Earnings Forecast for Ayr Wellness Inc. (OTCMKTS:AYRWF) Issued By Seaport Res Ptn

Ayr Wellness Inc. (OTCMKTS:AYRWF) – Investment analysts at Seaport Res Ptn dropped their Q3 2024 earnings estimates for shares of Ayr Wellness in a report released on Tuesday, August 13th. Seaport Res Ptn analyst S. Randhawa now expects that the company will earn ($0.25) per share for the quarter, down from their prior forecast of ($0.21). The consensus estimate for Ayr Wellness’ current full-year earnings is ($1.08) per share. Seaport Res Ptn also issued estimates for Ayr Wellness’ Q4 2024 earnings at ($0.24) EPS, Q1 2025 earnings at ($0.22) EPS, Q2 2025 earnings at ($0.21) EPS, Q3 2025 earnings at ($0.20) EPS, Q4 2025 earnings at ($0.19) EPS and FY2025 earnings at ($0.81) EPS.

Ayr Wellness (OTCMKTS:AYRWF) last released its quarterly earnings data on Wednesday, August 7th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.08). Ayr Wellness had a negative net margin of 39.55% and a negative return on equity of 17.27%. The firm had revenue of $117.31 million for the quarter, compared to analyst estimates of $119.30 million.

Ayr Wellness Stock Up 11.0 %

AYRWF opened at $2.10 on Friday. The company has a market capitalization of $240.85 million, a PE ratio of -1.00 and a beta of 2.09. The business has a 50-day moving average of $2.00 and a 200-day moving average of $2.26. Ayr Wellness has a fifty-two week low of $0.79 and a fifty-two week high of $4.09. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.86 and a quick ratio of 0.87.

About Ayr Wellness

Ayr Wellness Inc operates as a vertically-integrated multi-state cannabis operator that cultivates, manufactures, and retails cannabis products and branded cannabis packaged goods. It owns and operates a chain of cannabis retail stores under AYR, Liberty Health Sciences, and The Dispensary brand names.