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Tilray Brands, Inc. (TLRY) Reports Q2 Loss, Misses Revenue Estimates
TLRYTilray(TLRY) ZACKS·2025-01-10 14:11

Stock Performance and Earnings Outlook - Tilray Brands shares have gained approximately 3% year-to-date, outperforming the S&P 500's 0.6% gain [1] - The company's future stock performance will largely depend on management's commentary during the earnings call [1] - Current consensus EPS estimate for the coming quarter is -0.04on0.04 on 219.18 million in revenues, while the fiscal year estimate is -0.14on0.14 on 908.93 million in revenues [3] - The company has surpassed consensus EPS estimates twice in the last four quarters [9] Industry Context and Peer Comparison - The Consumer Products - Staples industry ranks in the top 23% of Zacks industries, with top 50% industries outperforming the bottom 50% by more than 2 to 1 [4] - Church & Dwight, a peer in the same industry, is expected to report quarterly earnings of 0.77pershare,representingan18.50.77 per share, representing an 18.5% year-over-year increase [5] - Church & Dwight's revenues are projected to be 1.56 billion, up 2.4% from the year-ago quarter [6] Earnings Estimate Revisions and Stock Rating - Empirical research shows a strong correlation between near-term stock movements and earnings estimate revisions [7] - Tilray Brands currently has a Zacks Rank 3 (Hold), indicating expected market-aligned performance [8] - The company's recent quarterly report showed a loss of 0.10pershare,significantlymissingtheconsensusestimateof0.10 per share, significantly missing the consensus estimate of -0.04 and representing a -150% earnings surprise [10] Financial Performance and Revenue Trends - Tilray Brands reported revenues of 210.95millionforthequarterendedNovember2024,missingtheZacksConsensusEstimateby3.33210.95 million for the quarter ended November 2024, missing the Zacks Consensus Estimate by 3.33% [9] - This represents a year-over-year revenue increase from 193.77 million in the same quarter last year [9] - The company has topped consensus revenue estimates only once in the last four quarters [9]