Green Thumb Industries Inc. (GTBIF) Q3 Earnings and Revenues Top Estimates

Core Insights - Green Thumb Industries Inc. (GTBIF) reported quarterly earnings of $0.04 per share, exceeding the Zacks Consensus Estimate of $0.03 per share, with an earnings surprise of +33.33% [1] - The company achieved revenues of $291.37 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.24% and showing a year-over-year increase from $286.86 million [2] - The stock has underperformed the market, losing approximately 17.9% since the beginning of the year, while the S&P 500 has gained 15.1% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.04 on revenues of $296.25 million, and for the current fiscal year, it is $0.10 on revenues of $1.16 billion [7] - The estimate revisions trend for Green Thumb Industries Inc. was unfavorable prior to the earnings release, resulting in a Zacks Rank 5 (Strong Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Medical - Products industry, to which Green Thumb Industries belongs, is currently ranked in the bottom 40% of over 250 Zacks industries, suggesting a challenging environment for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]