One of the original meme stocks Tilray Brands (TLRY - Free Report) is set to report fiscal third-quarter earnings results on Monday after the close. Tilray has missed the earnings mark in three of the last four quarters. With the legalization process taking a step back in recent weeks, is TLRY a buy?
Tilray Brands is expected to post a loss of -$0.05/share, which would reflect negative growth of -225% versus the same quarter last year. Estimates for the quarter have declined -25% over the past 60 days. Sales are projected to fall -1.45% to $149.7 million. TLRY has posted an average earnings miss of -72.26% over the last four quarters.
The United Nation’s drug control body recently criticized the U.S. federal government, asserting that the passive allowing of individual states to legalize marijuana violates a long-standing international drug treaty.
TLRY is a Zacks Rank #4 (Sell) stock. Industry headwinds still present a major challenge for Tilray Brands.
Highest Returns for Any Asset Class
It’s not even close. Despite ups and downs, Bitcoin has been more profitable for investors than any other decentralized, borderless form of money.
No guarantees for the future, but in the past three presidential election years, Bitcoin’s returns were as follows: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%. Zacks predicts another significant surge in months to come.
Hurry, Download Special Report – It’s FREE >>
One of the original meme stocks Tilray Brands (TLRY - Free Report) is set to report fiscal third-quarter earnings results on Monday after the close. Tilray has missed the earnings mark in three of the last four quarters. With the legalization process taking a step back in recent weeks, is TLRY a buy?
Tilray Brands is expected to post a loss of -$0.05/share, which would reflect negative growth of -225% versus the same quarter last year. Estimates for the quarter have declined -25% over the past 60 days. Sales are projected to fall -1.45% to $149.7 million. TLRY has posted an average earnings miss of -72.26% over the last four quarters.
The United Nation’s drug control body recently criticized the U.S. federal government, asserting that the passive allowing of individual states to legalize marijuana violates a long-standing international drug treaty.
TLRY is a Zacks Rank #4 (Sell) stock. Industry headwinds still present a major challenge for Tilray Brands.
Highest Returns for Any Asset Class
It’s not even close. Despite ups and downs, Bitcoin has been more profitable for investors than any other decentralized, borderless form of money.
No guarantees for the future, but in the past three presidential election years, Bitcoin’s returns were as follows: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%. Zacks predicts another significant surge in months to come.
Hurry, Download Special Report – It’s FREE >>
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