High Tide Inc. (HITI) Reports Q4 Loss, Tops Revenue Estimates
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High Tide Inc. (HITI) reported a Q4 loss of $0.04 per share, missing the Zacks Consensus Estimate of a $0.01 loss. However, the company exceeded revenue expectations.
January 30, 2025 | 12:45 am
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NEUTRAL IMPACT
High Tide Inc. reported a larger-than-expected quarterly loss of $0.04 per share, missing the Zacks Consensus Estimate of a $0.01 loss. Despite this, the company exceeded revenue expectations.
The larger-than-expected loss per share could negatively impact investor sentiment, but the fact that revenue exceeded expectations may offset this. The net effect on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100