Trulieve Cannabis TCNNF is set to give its latest quarterly earnings report on Tuesday, 2024-11-05. Here's what investors need to know before the announcement.
Analysts estimate that Trulieve Cannabis will report an earnings per share (EPS) of $-0.10.
Investors in Trulieve Cannabis 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.
Performance in Previous Earnings
During the last quarter, the company reported an EPS beat by $0.09, leading to a 6.06% drop in the share price on the subsequent day.
Here's a look at Trulieve Cannabis's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.09 | -0.11 | -0.16 | -0.17 |
| EPS Actual | 0 | -0.05 | -0.12 | -0.08 |
| Price Change % | -6.0% | 5.0% | 7.000000000000001% | 8.0% |
Tracking Trulieve Cannabis's Stock Performance
Shares of Trulieve Cannabis were trading at $12.2772 as of November 01. Over the last 52-week period, shares are up 166.53%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Trulieve Cannabis 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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