UPDATE: High Tide Q2 Adj. EPS $(0.03) Beats $(0.04) Estimate, Sales $87.24M Miss $88.36M Estimate
Portfolio Pulse from Benzinga Newsdesk
High Tide reported Q2 adjusted EPS of $(0.03), beating the $(0.04) estimate, but sales of $87.24M missed the $88.36M estimate. This represents a 72.73% increase in EPS and a 36.40% increase in sales compared to the same period last year.
June 14, 2023 | 8:14 pm
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High Tide's Q2 EPS beat estimates by 25%, but sales missed by 1.26%. EPS increased 72.73% and sales increased 36.40% compared to last year.
High Tide's Q2 earnings report shows mixed results, with EPS beating estimates but sales missing. The significant increase in EPS and sales compared to last year indicates growth, but the missed sales estimate may offset the positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100