TerrAscend Corp. (TSNDF) Reports Q2 Loss, Beats Revenue Estimates

Financial Performance - TerrAscend Corp. reported a quarterly loss of $0.03 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.02, marking an earnings surprise of -50.00% [1] - The company posted revenues of $65.01 million for the quarter ended June 2025, slightly surpassing the Zacks Consensus Estimate by 0.21%, but down from $77.52 million a year ago [2] - Over the last four quarters, TerrAscend has surpassed consensus EPS estimates only once and has topped consensus revenue estimates two times [2] Stock Performance - TerrAscend Corp. shares have declined approximately 24.5% since the beginning of the year, contrasting with the S&P 500's gain of 7.9% [3] - The current Zacks Rank for TerrAscend is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.02 on revenues of $74.6 million, and for the current fiscal year, it is -$0.10 on revenues of $293.57 million [7] - The trend of estimate revisions for TerrAscend was mixed ahead of the earnings release, which could change following the recent report [6] Industry Context - The Medical - Products industry, to which TerrAscend belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]