Tilray's stock gained Thursday, after the cannabis and beverage company reported a smaller loss than expected for its fiscal first quarter, although revenue came up short.
Tilray is set to report its Q1 FY 2025 earnings on October 10th. I expect the Company to beat analysts' estimates for revenue due to the high demand for cannabis in Germany, where it has a leading market share. TLRY is at a critical support level, from which it has historically rebounded to test the 200 EMA.
Besides Wall Street's top -and-bottom-line estimates for Tilray Brands (TLRY), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended August 2024.
Tilray Brands (NASDAQ: TLRY) stock will be in the spotlight this week as the Canadian cannabis and alcohol company publishes its financial results. These numbers will come at a time when its stock has been highly embattled.
Tilray Brands, Inc. (TLRY) concluded the recent trading session at $1.70, signifying a +1.19% move from its prior day's close.
Tilray Brands might be a compelling option for contrarian growth investors in the evolving cannabis industry.
In the closing of the recent trading day, Tilray Brands, Inc. (TLRY) stood at $1.74, denoting no change from the preceding trading day.
Tilray Brands, Inc. (TLRY) reachead $1.72 at the closing of the latest trading day, reflecting a +1.78% change compared to its last close.
The latest trading day saw Tilray Brands, Inc. (TLRY) settling at $1.80, representing a -0.55% change from its previous close.
In the most recent trading session, Tilray Brands, Inc. (TLRY) closed at $1.81, indicating a +0.56% shift from the previous trading day.
TLRY acquires the Atwater Brewery, the last in the series of recent acquisitions from Molson Coors. The buyout is likely to expand TLRY's craft beer portfolio.
The latest trading day saw Tilray Brands, Inc. (TLRY) settling at $1.70, representing no change from its previous close.