Quinlash, did the sales guidance of $4 billion come from street estimates - or the CEO?
Where did the ebitda guidance of $80 million come from?
Where did positive cash flow come from?
Analysts make educated guesses - Tikrays CEO pulls numbers out of ..... thin air.
Inaccurate or not - and despite my own opinions of some paid analysts, I'd go with them before trusting anything Simple Simon promises - and then blames everyone else for his incompetent figures
Comment by
quinlashon Apr 09, 2024 10:36am 
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Post# 35978924
RE:RE:Targets were missed but this isn't a loss
quinlash wrote: Pointblank7 wrote:Short-term this stock is going to take a hit bc targets were missed but actually look at the numbers. Honestly I always have trouble with earnings targets. I don't believe it all comes down to JUST numbers - usually other variables are at play. Comparatively to last year we are doing well. First full year post-COVID. I hate seeing the stock depressed but I'm sure we are this low due to factors outside of Tilrays control. GlTA ._7
If you do some research into why companies / CEOs never comment on street targets you will find that they see no value in it. Street Estimates vary and they are set by numerous outside analysts.
These targets may be well thought out but others are just computer generated based on prior QTR trends. They can often overlook unexpected positives as well as unexpected negatives
If CEOs were to give credit to street estimates then investors would likely start relying more on analysts estimates rather than doing their own research.
Still listening to earnings call here. I do like that they are buying #1 position in Germany
Minor correction here "buying #1" is some sort of auto correct error. The comment from the earnings call was that Tilray is ranked as #1 / positioned as #1 in Germany.
When the earnings transcript comes out you will find it in the Q&A section