2 Years Ago
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TLRY reports earnings next week. A few things we're thinking about:



We're just a few days out from Tilray Inc (TLRY) reporting earnings. Lets take a look at how the stock is doing.

Analysts are thinking we'll see an EPS (earnings per share) of -$0.07, GAAP Estimate of -$0.07, on Revenue of $157.42M for Tilray Inc on Friday. Over the last 90 days, analysts have lowered estimates once and raised them once.

Bulls will want to hear that the company beat the analysts' estimates and that the beat is on unexpectedly higher revenues. They'll also want the company to paint a picture that leads analysts to conclude this is just the start of an robust growth story that will play out in the following quarters.

Bears, on the other hand, will look to pounce if the company misses on EPS, Revenues, or future guidance. They will look to push a negative growth story for the stock in the coming quarters, and will gain more traction in a generally down market as opposed a market that is generally trending upwards.

If you haven't traded too many earnings reports, it's important to be aware that a stock's price movement can be caused by a change in the analysts' estimates based on the Q&A from the conference call with management discussing the earnings report. As you see more of these reports, your ability to recognize changes in investor sentiment will improve.

As of September 29 shares of TLRY are trading at $3.01. Over the last 52-week period, the price is down -78.42%. A larger move here can mean investors will have a stronger bullish or bearish outlook on the stock.