Tilray Brands, Inc. (TLRY) Reports Q3 Loss, Lags Revenue Estimates

Company Performance - Tilray Brands, Inc. reported a quarterly loss of $0.10 per share, which was worse than the Zacks Consensus Estimate of a loss of$0.04, marking an earnings surprise of -150% [1] - The company posted revenues of $185.78 million for the quarter ended February 2025, missing the Zacks Consensus Estimate by 11.44$188.34 million year-over-year [2] - Over the last four quarters, Tilray Brands has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2] Stock Movement and Outlook - Tilray Brands shares have declined approximately 56.4% since the beginning of the year, compared to a decline of -13.9% for the S&P 500 [3] - The future performance of Tilray Brands' stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is -$0.02 on revenues of$278.94 million, and for the current fiscal year, it is -$0.19 on revenues of$904.53 million [7] Industry Context - The Consumer Products - Staples industry, to which Tilray Brands belongs, is currently ranked in the bottom 31% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Tilray Brands' stock performance [5]