Equities analysts predict that High Tide Inc. (NASDAQ:HITI) will post sales of $41.91 million for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for High Tide’s earnings, with the highest sales estimate coming in at $43.01 million and the lowest estimate coming in at $41.04 million. High Tide reported sales of $18.82 million during the same quarter last year, which indicates a positive year-over-year growth rate of 122.7%. The business is scheduled to issue its next quarterly earnings results on Monday, March 7th.
On average, analysts expect that High Tide will report full year sales of $144.11 million for the current financial year, with estimates ranging from $142.80 million to $146.11 million. For the next fiscal year, analysts anticipate that the company will report sales of $283.49 million, with estimates ranging from $238.60 million to $325.68 million. Zacks’ sales averages are a mean average based on a survey of research firms that follow High Tide.