Planet 13 is expected to report Q2 2026 revenue of $22.19 million and an EPS of -$0.01, with its current $0.12 share price trading significantly below the average analyst target of $0.95.
Investors are primarily focused on the company's definitive merger agreement with Vireo Growth Inc., announced in late July, which is set to create a massive multi-state operator with 265 dispensaries.
This reporting period represents the first "clean" quarter following the company's strategic exit from California and the full integration of VidaCann assets in Florida.
Management is targeting positive adjusted EBITDA as transition costs subside and the flagship Las Vegas Superstore benefits from improved Nevada wholesale pricing and new consumption lounge traffic.