Ayr Wellness Inc. (OTCMKTS:AYRWF – Free Report) – Roth Capital equity researchers lowered their Q2 2024 earnings estimates for shares of Ayr Wellness in a research note issued on Wednesday, May 15th. . Roth Capital analyst S. Fortune now expects the company to report earnings per share of $0.29 for the quarter, down from its previous estimate of $0.17. Air Wellness’ current consensus estimate for full-year earnings is $0.59 per share. Roth Capital also announced that Air Wellness’ 2024 third-quarter earnings are expected to be ($0.26) EPS and 2024 fourth-quarter earnings to be ($0.26) EPS.
Air Wellness trades down 5.9%
OTCMKTS:AYRWF stock opened at $2.70 on Monday. The company’s current ratio is 0.96x, quick ratio is 0.43x, and debt-to-equity ratio is 0.75x. Air Wellness has a 12-month low of $0.79 and a 12-month high of $4.09. His 50 day moving average for this company is his $2.45 and his 200 day moving average is his $2.32. The company has a market capitalization of $208.63 million, a P/E ratio of -1.28, and a beta of 2.38.
Air Wellness (OTCMKTS:AYRWF – Get Free Report) last released its quarterly earnings results on Wednesday, May 15th. The company reported ($0.27 EPS) for the quarter, missing the consensus estimate ($0.17) by ($0.10). The business had revenue of $118.04 million in the quarter, compared to analyst expectations of $115.45 million. Ayr Wellness had a net profit margin of 39.55% and a return on equity of 17.36%.
Air Wellness Company Profile
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Ayr Wellness Inc operates as a vertically integrated, multi-state cannabis operator that cultivates, manufactures and retails cannabis products and branded cannabis packaged goods. The Company owns and operates a chain of cannabis retail stores under the brand names AYR, Liberty Health Sciences, and The Dispensary.
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