Recap: Trulieve Cannabis Q1 Earnings

Trulieve Cannabis TCNNF reported its Q1 earnings results on Wednesday, May 10, 2023 at 06:00 AM.

Here's what investors need to know about the announcement.

Trulieve Cannabis beat estimated earnings by 31.25%, reporting an EPS of $-0.11 versus an estimate of $-0.16.

Revenue was down $29.20 million from the same period last year.

Last quarter the company missed on EPS by $0.07 which was followed by a 2.71% drop in the share price the next day.

Here's a look at Trulieve Cannabis's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.11	-0.05	0.07	0.03
EPS Actual	-0.18	0.02	-0.01	0.01
Revenue Estimate	304.81M	308.42M	320.52M	307.08M
Revenue Actual	302.00M	300.79M	320.30M	318.30M

To track all earnings releases for Trulieve Cannabis visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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