High Tide Earnings Preview
Portfolio Pulse from Benzinga Insights
High Tide (NASDAQ:HITI) is scheduled to release its quarterly earnings report on March 15, 2024, with an estimated EPS of $-0.01. Analysts and investors are keen on not just the earnings beat or miss but also the company's guidance for future growth. Historically, High Tide's share price has shown volatility post-earnings announcement, with a notable 3.63% drop after last quarter's beat. The stock has seen a 42.24% increase over the last 52 weeks, trading at $1.7 as of March 13.
March 14, 2024 | 3:01 pm
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High Tide is expected to report an EPS of $-0.01 for the upcoming quarter. Historical data shows stock price volatility post-earnings, with a significant 42.24% increase in share price over the last year.
Given High Tide's historical performance, the upcoming earnings report could lead to short-term price volatility. However, the long-term bullish trend and the 42.24% year-to-date increase suggest a neutral short-term impact, as investors may focus more on future guidance than the current earnings beat or miss.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100