This article first appeared on GuruFocus.

Cresco Labs Inc (XCNQ:CL) is set to release its Q3 2025 earnings on Nov 5, 2025. The consensus estimate for Q3 2025 revenue is $230.58 million, and the earnings are expected to come in at -$0.04 per share. The full year 2025's revenue is expected to be $927.58 million and the earnings are expected to be -$0.21 per share. More detailed estimate data can be found on the Forecast page.

Warning! GuruFocus has detected 3 Warning Signs with XCNQ:CL.

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Revenue estimates for Cresco Labs Inc (XCNQ:CL) have declined from $939.37 million to $927.58 million for the full year 2025 and declined from $980.47 million to $963.27 million for 2026 over the past 90 days. Earnings estimates for Cresco Labs Inc (XCNQ:CL) have declined from -$0.20 per share to -$0.21 per share for the full year 2025 and increased from -$0.14 per share to -$0.12 per share for 2026 over the past 90 days.

In the previous quarter of 2025-06-30, Cresco Labs Inc's (XCNQ:CL) actual revenue was $230.09 million, which beat analysts' revenue expectations of $228.81 million by 0.56%. Cresco Labs Inc's (XCNQ:CL) actual earnings were -$0.07 per share, which missed analysts' earnings expectations of -$0.053 per share by -32.08%. After releasing the results, Cresco Labs Inc (XCNQ:CL) was up by 3.23% in one day.

Based on the one-year price targets offered by 8 analysts, the average target price for Cresco Labs Inc (XCNQ:CL) is $2.14 with a high estimate of $3.28 and a low estimate of $1.51. The average target implies an upside of 31.49% from the current price of $1.63.

Based on GuruFocus estimates, the estimated GF Value for Cresco Labs Inc (XCNQ:CL) in one year is $1.80, suggesting an upside of 10.43% from the current price of $1.63.

Based on the consensus recommendation from 9 brokerage firms, Cresco Labs Inc's (XCNQ:CL) average brokerage recommendation is currently 2.1, indicating an \\"Outperform\\" status. The rating scale ranges from 1 to 5, where 1 signifies strong buy, and 5 denotes sell.