Company Performance - High Tide Inc. (HITI) closed at $2.59, reflecting a +0.39% change from the previous day, outperforming the S&P 500's daily loss of 1.71% [1] - The stock has decreased by 10.11% over the past month, underperforming compared to the Medical sector's gain of 5.02% and the S&P 500's gain of 2.2% [1] Upcoming Earnings - High Tide Inc. is expected to report revenue of $95.97 million for the upcoming earnings disclosure, which is a 1.28% increase from the same quarter last year [2] - For the full year, the Zacks Consensus Estimates project earnings of -$0.04 per share and revenue of $413.24 million, indicating no change in earnings and an 8.39% increase in revenue compared to the prior year [2] Analyst Projections - Recent shifts in analyst projections for High Tide Inc. should be monitored, as upward revisions indicate analysts' positive outlook on the company's business operations and profit generation capabilities [3] - The Zacks Rank system, which incorporates these estimate changes, provides actionable ratings for stocks [4] Zacks Rank and Industry Performance - High Tide Inc. currently holds a Zacks Rank of 5 (Strong Sell), with a significant downward shift of 400% in the Zacks Consensus EPS estimate over the past month [5] - The Medical - Products industry, part of the Medical sector, has a Zacks Industry Rank of 75, placing it in the top 30% of over 250 industries [6]
High Tide Inc. (HITI) Rises As Market Takes a Dip: Key Facts