Company Performance - High Tide Inc. (HITI) closed at $2.21, with a gain of +1.61% on the most recent trading day, outperforming the S&P 500's gain of 1.47% [1] - Over the past month, shares of High Tide Inc. have decreased by 6.47%, while the Medical sector has lost 3.76% and the S&P 500 has gained 0.64% [1] Upcoming Earnings - High Tide Inc. is expected to report an EPS of -$0.01, which represents a decline of 200% from the same quarter last year [2] - The consensus estimate for quarterly revenue is $106.58 million, reflecting an increase of 10.97% compared to the previous year [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates predict earnings of -$0.05 per share and revenue of $416.27 million, indicating a decrease of 25% in earnings and an increase of 9.19% in revenue compared to the previous year [3] - Recent changes to analyst estimates for High Tide Inc. may indicate a favorable outlook on the company's business health and profitability [3] Zacks Rank and Industry Performance - High Tide Inc. currently holds a Zacks Rank of 2 (Buy), with the Zacks Rank system showing a strong track record of exceeding expectations [5] - The Medical - Products industry, which includes High Tide Inc., has a Zacks Industry Rank of 173, placing it in the bottom 30% of over 250 industries [6]
Why High Tide Inc. (HITI) Outpaced the Stock Market Today