RE:TLRY Q4 Earnings Prep Video Out
Everyone needs to realize that Tilray Brands, like any company, is in business to make money and advance the operation for the benefit of those employed by the business and investors.
All businesses start out operating at a loss until they turn the corner of profitability. Tilray has been getting closer and closer to this on virtually every QTR report. Anyone judging the company by the low shareprice needs to take a closer look at the QTR reports for themselves to confirm this is indeed true.
In terms of street estimates for the QTR. These average out to apx $250 mil USD (net revenue) this is in contrast to $188 mil USD on prior report. I can't recall the 2023 year end net revenue off the top of my head but it was substantially lower.
Street Estimates are not set by the Company. Tilray Brands has no obligation to hit those numbers nor is there any reason why the number can't be higher. Street estimates are out out by analysts that are not part of the business and who are advertising their own "best guess".
As I have noted prior, I am holding shares in this company for eventual US legalization. I am not concerned about what someone's guess is, all I personally want to see is and notable increase in sales year over year and an improvement in the EPS number over last report and over prior year.
Those who are buying and selling like a Mexican jumping bean may be more concerned and will need Ninja-like reflexes to make their few points but that's not my style. If the report contains anything I do not like I'll be researching it in detail and deciding my next course of action. If the report is stunning, or simply just "good" I will be looking for the areas where the company has opportunities for improvement.
My review of the report will likely take hours, I have no intention of making any knee jerk decisions. My intention is to hold Long and that is exactly what I expect I will be doing before and after the report is issued.
To my haters... go ahead, hate, fill your hearts with it, drink it deep and tell me day in and day out, its fine by me. The markets are not a popularity contest and money doesn't care who's pocket it comes from and where it ends up.
I'll be patient enough.
Kind Regards,
Q
- Long on Tilray Brands