Tilray Brands TLRY is preparing to release its quarterly earnings on Thursday, 2024-10-10. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Tilray Brands to report an earnings per share (EPS) of $-0.04.
Investors in Tilray Brands are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Historical Earnings Performance
Last quarter the company beat EPS by $0.06, which was followed by a 9.84% increase in the share price the next day.
Here's a look at Tilray Brands's past performance and the resulting price change:
Quarter | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
---|---|---|---|---|
EPS Estimate | -0.02 | -0.05 | -0.06 | |
EPS Actual | 0.04 | 0 | 0 | -0.1 |
Price Change % | 10.0% | -2.0% | -5.0% | -5.0% |
Tilray Brands Share Price Analysis
Shares of Tilray Brands were trading at $1.65 as of October 08. Over the last 52-week period, shares are down 17.09%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
To track all earnings releases for Tilray Brands visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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