Preview: Cresco Labs's Earnings
Portfolio Pulse from Benzinga Insights
Cresco Labs (OTC:CRLBF) is set to release its latest quarterly earnings report on May 24, 2023. Analysts estimate an EPS of $-0.06. Last quarter, the company missed EPS by $0.51, resulting in a 3.24% drop in share price the next day. Over the last 52-week period, shares are down 57.81%.
May 23, 2023 | 2:10 pm
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Cresco Labs is set to release its quarterly earnings report on May 24, 2023, with an estimated EPS of $-0.06. The company's shares have been down 57.81% over the last 52 weeks.
The upcoming earnings release will likely have a short-term impact on Cresco Labs' stock price. However, it is difficult to predict the direction of the impact without knowing the actual results and guidance. The company's historical performance and the current negative trend in share price suggest that investors may be cautious going into the earnings release.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100