Same old Quinkash nonsense Of course a company's revenue should increase when he acquired other companies. Too bad Gross Profit has DECREASED - because Gross Profit pays operating expenses - and regardless of the revenue increase, Tilray needs improved bottom line and positive cash flow.
The price targets posted earlier from m the 3 analysts are 12 month projections - and take into account q4 expected for nancials.
You really should try googling and researching quinlash - your posts don't have much credibility
Post by
quinlashon Jul 16, 2024 7:10pm 
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Post# 36135777
TLRY Targets will Revise
We have confirmation that the year end report is coming out on a Monday, that is a positive) Bullish signal.
Street estimates on the QTR Report Revenue numbers are $250 + (USD). Last report was $188 USD.
The company has launched a truck load of new products this year which will be contributing to sales / revenue numbers.
TLRY is #1 in Germany for med Cannabis and #5 for craft beer in the US.
It is well within reason to expect the company to be posting a record breaking revenue report, considering both the points above coupled with the street estimates that are out there.
The total revenue for the year will likely be around $800 Million USD.
The report out is July 29th, I am willing to guess that whatever targets that are published right now will be revised to the upside if indeed we get a big bump in revenue and a good improvement in the EPS number from last QTR and last year.
JMHO but I see little value looking at a 30 day price target when a QTR report is to be issued in 2 weeks.