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Tilray Brands (TLRY) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
TLRYTilray(TLRY) ZACKS·2025-01-10 15:31

Performance Overview - Tilray Brands reported revenue of 21095millionforthequarterendedNovember2024,an89210 95 million for the quarter ended November 2024, an 8 9% increase compared to the same period last year [3] - The company's EPS was -0 10, compared to 000intheyearagoquarter[3]Therevenuesurprisewas3330 00 in the year-ago quarter [3] - The revenue surprise was -3 33% compared to the Zacks Consensus Estimate of 218 22 million, while the EPS surprise was -150 00% compared to the consensus estimate of -004[3]BusinessSegmentPerformanceCannabisbusinessrevenuewas0 04 [3] Business Segment Performance - Cannabis business revenue was 65 65 million, a -2 2% year-over-year change, slightly below the two-analyst average estimate of 6719million[2]Wellnessbusinessrevenuewas67 19 million [2] - Wellness business revenue was 14 61 million, a 13% year-over-year increase, slightly above the two-analyst average estimate of 1451million[2]Beveragealcoholbusinessrevenuewas14 51 million [2] - Beverage alcohol business revenue was 63 08 million, a 35 6% year-over-year increase, below the two-analyst average estimate of 6840million[2]Distributionbusinessrevenuewas68 40 million [2] - Distribution business revenue was 67 61 million, a 0 6% year-over-year increase, slightly below the two-analyst average estimate of $68 million [2] Stock Performance - Tilray Brands' shares returned +13 2% over the past month, outperforming the Zacks S&P 500 composite's -2 2% change [1] - The stock currently has a Zacks Rank 3 (Hold), indicating it could perform in line with the broader market in the near term [1] Key Metrics Analysis - Revenue and earnings changes year-over-year, along with comparisons to Wall Street expectations, are critical for investors to determine their next move [4] - Key metrics provide a more accurate picture of the company's financial health and help investors project stock price performance [4]