Tilray Brands, Inc. (TLRY) Reports Q2 Loss, Misses Revenue Estimates
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Tilray Brands, Inc. (TLRY) reported a Q2 loss of $0.10 per share, missing the Zacks Consensus Estimate of a $0.04 loss. This is a decline from break-even earnings per share a year ago.
January 10, 2025 | 2:30 pm
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Tilray Brands, Inc. reported a Q2 loss of $0.10 per share, missing the expected loss of $0.04. This is a significant decline from last year's break-even earnings.
The reported loss per share of $0.10 is significantly worse than the expected loss of $0.04, indicating a negative earnings surprise. This is likely to impact investor sentiment negatively, leading to a potential short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100