Tilray Brands, Inc. (TLRY) Ascends While Market Falls: Some Facts to Note

Company Performance - Tilray Brands, Inc. (TLRY) closed at $0.95, showing a +1.05% change from the previous day's closing price, outperforming the S&P 500 which fell by 0.27% [1] - Over the past month, Tilray's shares have decreased by 20.39%, while the Consumer Staples sector gained 5.6% and the S&P 500 increased by 4.27% [1] Upcoming Earnings - The upcoming earnings disclosure for Tilray is highly anticipated, with consensus estimates predicting revenue of $214.6 million, a 13.94% increase year-over-year [2] - For the full year, analysts expect earnings of -$0.20 per share and revenue of $905.32 million, reflecting changes of +39.39% and +14.75% respectively from the previous year [2] Analyst Estimates - Recent changes to analyst estimates for Tilray are important as they reflect short-term business trends, with positive revisions indicating optimism about the company's profitability [3] - The Zacks Rank system, which incorporates these estimate changes, aims to provide actionable ratings based on expected stock price performance [4] Zacks Rank and Industry Performance - Tilray currently holds a Zacks Rank of 5 (Strong Sell), with the Zacks Consensus EPS estimate remaining steady over the past month [5] - The Consumer Products - Staples industry, part of the Consumer Staples sector, has a Zacks Industry Rank of 155, placing it in the bottom 39% of over 250 industries [6]