Oct. 29 at 2:24 AM
$JUSHF $MSOS One week till Nov 4th! A big day for JUSHI, Virginia elections. Election odds presently give the Democratic Governor candidate a 90+% chance of winning (i.e. AU is likely in VA by mid 2026). It is also Q3 earnings. Expected revenues
$67MM (+9$ YoY, +3% QoQ). Hearing "They are firing on all cylinders" so I wouldn't be surprised to see an upside beat. Will we see
$70 MM? Probably not but
$68-
$69MM are very achievable. Regarding margins, Management previously highlighted prior operational issues that suppressed Q1 and Q2 margins. This should largely have worked through the system by now. As such, margin expansion is virtually assured. Exceeding on the revenue line would be very supportive for further margin expansion. Finally there is S3. Polymarkets has it at 22% for 2025. Do you believe that? I don't, but not much money has been wagered on this issue so it might not be a good indicator. Risk 1 to win 4, seems like it may be worth a few dollars.