Ascend Wellness Holdings, Inc. (AAWH) Reports Q3 Loss, Lags Revenue Estimates
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Ascend Wellness Holdings, Inc. (AAWH) reported a Q3 loss of $0.13 per share, missing the Zacks Consensus Estimate of a $0.10 loss. This is a larger loss compared to $0.05 per share a year ago.
November 12, 2024 | 2:30 pm
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Ascend Wellness Holdings reported a larger-than-expected Q3 loss of $0.13 per share, missing the consensus estimate of $0.10 and increasing from last year's $0.05 loss.
The reported loss of $0.13 per share is worse than the expected $0.10 loss, indicating underperformance. This, combined with a year-over-year increase in losses, suggests potential negative sentiment and short-term pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100