Zacks Investment Research
Tilray Brands, Inc. (TLRY) Reports Q1 Loss, Misses Revenue Estimates
Tilray Brands reported a quarterly loss of $0.32 per share, significantly worse than the consensus estimate of $0.19, representing a -68.42% earnings surprise. The company also missed revenue expectations, posting $257.15 million versus the estimate of $262.35 million. With unfavorable estimate revisions, Tilray received a Zacks Rank #5 (Strong Sell) rating and has underperformed the S&P 500 by 58.9% year-to-date.
