RE:RE:Next Week 👉We already know Tilray has a high probability of posting another record high for revenue. Considering the last report and the new products that were rolled out it's pretty much a given. The fact that fintel in calling for $246 USD Million in revenue is also supporting this view.
Expenses will be in there too, I will be looking for an improvement in those along with the increase in revenue. If revenue does indeed come out as a big jump and expenses edge up a little then that's fine for me, I want to see that revenue bump up.
EPS should see positive move as well. Fintel is calling for 90% + improvement there. I am not going to expect to see positive EPS this report but the following report in Oct has a decent chance IMHO.
Much of the Cannabis Sector will be keeping an eye on Tilray next week, especially on Tuesday so I am speculating that we will see the Press Release come out regarding what is happening on the earlier noted acquistion.
My advise to everyone is to be sure you know what you want to see in the report then be sure to look for it. Canadians need to be mindful that the report will be in US Dollars
The report comes out Monday, after trading closes.
Supporting Link to the Fintel References (in US Dollars)
https://fintel.io/sfo/us/tlry