Tilray Brands stock falls 1.6%, underperforming broader market

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Tilray Brands shares closed at $4.31, down 1.6% in the latest session, a steeper decline than the S&P 500's 0.45% loss. The stock has dropped 12.92% over the past month, while the Medical sector gained 6.33% and the S&P 500 rose 2.14%. The company is expected to report an adjusted loss of one cent per share for the upcoming quarter, a 105% decline from the prior-year period, on revenue of $268.17 million, up 19.43%. For the full year, consensus estimates call for a loss of 58 cents per share on revenue of $885.3 million. Analyst estimates have remained unchanged recently, and the stock carries a Zacks Rank of 3, or Hold.

Impact on stocks 1

Health Care · 1 stocks
Tilray Inc
TLRY
▼ NegativeCapitalrelevance

Expected adjusted loss per share of one cent, a 105% decline from prior year.