2 analyst groups lowered FY2024 EPS estimates for cannabis operator Verano Holdings Corp.

Analysts at Cormark and Ventum Cap Mkts lowered their FY2024 earnings per share (EPS) estimates for cannabis operator Verano Holdings Corp (OTCMKTS:VRNOF). Cormark revised its FY2024 EPS estimate to ($0.22) from ($0.21), while Ventum Cap Mkts adjusted its estimate from a loss of $0.09 to $0.11. Needham & Company LLC maintains a "buy" rating on Verano shares with a $7.00 price target. Verano Holdings operates in 13 U.S. states and has a market cap of $1.37bn.