Earnings Preview For Tilray Brands

Tilray Brands TLRY is set to give its latest quarterly earnings report on Wednesday, 2023-07-26. Here's what investors need to know before the announcement.

Analysts estimate that Tilray Brands will report an earnings per share (EPS) of $-0.05.

Tilray Brands bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at Tilray Brands's past performance and the resulting price change:

Stock Performance

Shares of Tilray Brands were trading at $1.69 as of July 24. Over the last 52-week period, shares are down 47.85%. Given that these returns are generally negative, long-term shareholders are likely 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.