Tilray Brands is expected to report earnings of -$0.05 per share and revenue of $216.47 million for the upcoming quarter, which would represent year-over-year growth of 50% and 22.33%, respectively. The company's full-year earnings are estimated to be -$0.16 per share and revenue of $901.62 million, indicating changes of +51.52% and +14.28% from the previous year. These estimates reflect positive growth expectations for the company.
The Zacks Consensus Estimate for revenue is projecting net sales of $216.47 million, up 22.33% from the year-ago period. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.16 per share and revenue of $901.62 million, indicating changes of +51.52% and +14.28%, respectively, from the former year12.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Rank of Tilray Brands is currently not available, but the company's recent estimate revisions tend to reflect the latest near-term business trends, and upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability12.
10/6/2024 07:52pm
