High Tide Q3 2024 GAAP EPS C$0.01 Beats C$(0.03) Estimate, Sales C$131.700M Beat C$127.950M Estimate
Portfolio Pulse from Benzinga Newsdesk
High Tide reported its Q3 2024 financial results, with GAAP EPS of C$0.01, surpassing the estimated loss of C$(0.03). The company's sales reached C$131.7 million, exceeding the forecast of C$127.95 million.
September 16, 2024 | 8:04 pm
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POSITIVE IMPACT
High Tide's Q3 2024 earnings report shows a positive surprise with GAAP EPS of C$0.01, beating the expected loss, and sales of C$131.7M, exceeding estimates. This performance may boost investor confidence and positively impact the stock price in the short term.
The better-than-expected earnings and sales figures indicate strong operational performance, which is likely to enhance investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100