Q4 EPS Estimates for Ayr Wellness Lowered by Seaport Res Ptn

Ayr Wellness Inc. (CVE:AYR) – Equities research analysts at Seaport Res Ptn cut their Q4 2024 earnings estimates for shares of Ayr Wellness in a research report issued to clients and investors on Sunday, November 24th. Seaport Res Ptn analyst S. Randhawa now anticipates that the company will post earnings per share of ($0.36) for the quarter, down from their prior forecast of ($0.33). Seaport Res Ptn also issued estimates for Ayr Wellness’ Q1 2025 earnings at ($0.34) EPS, Q2 2025 earnings at ($0.31) EPS, Q3 2025 earnings at ($0.29) EPS, Q4 2025 earnings at ($0.28) EPS and FY2025 earnings at ($1.22) EPS.

A number of other analysts also recently issued reports on the stock. Roth Capital upgraded shares of Ayr Wellness to a “strong-buy” rating in a report on Friday, November 8th. Ventum Cap Mkts raised Ayr Wellness to a “strong-buy” rating in a report on Wednesday, August 7th. Finally, Atb Cap Markets lowered Ayr Wellness from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 13th.

Ayr Wellness Stock Performance

Insider Buying and Selling

In related news, insider Millstreet Credit Fund LP bought 1,170,000 shares of the business’s stock in a transaction dated Monday, November 11th. The shares were purchased at an average price of C$1.09 per share, with a total value of C$1,273,718.16. Also, Senior Officer Jr. Mendola Robert James sold 19,163 shares of the stock in a transaction on Monday, September 9th. The shares were sold at an average price of C$2.82, for a total value of C$54,039.66.

About Ayr Wellness

Aircastle Ltd. engages in the lease, finance, sale, and management of commercial flight equipment. It employs a balanced approach to investment and capitalization. The company was founded on October 29, 2004 and is headquartered in Stamford, CT.