Tilray Brands Earnings Preview
Portfolio Pulse from Benzinga Insights
Tilray Brands (NASDAQ:TLRY) is scheduled to release its quarterly earnings report on January 9, 2024. Analysts predict an EPS of $-0.06. Investors are looking for an earnings beat and positive guidance for the next quarter. Tilray's past earnings performance has shown mixed results with stock price changes ranging from -8.03% to 10.88% post-earnings. Currently, shares are trading at $2.28, with a 52-week decrease of 17.56%, indicating a bearish sentiment among long-term shareholders.
January 08, 2024 | 2:00 pm
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NEUTRAL IMPACT
Tilray Brands is expected to report an EPS of $-0.06 for the upcoming earnings. Historical data shows significant stock price volatility post-earnings. Current share price is $2.28, with a 52-week decline, indicating bearish sentiment.
The expected EPS of $-0.06 sets a cautious tone for Tilray's earnings report. Historical stock performance shows that earnings results and guidance have caused notable price swings. However, the current bearish trend and past performance suggest that any positive surprise in earnings or guidance could have a limited impact. The score is neutral due to the uncertainty of earnings outcomes and their effects.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100