From Nasdaq: 2024-11-20 18:00:04

Tilray Brands, Inc. (TLRY) closed at $1.29, down 1.53%, while the Dow rose by 0.32% and Nasdaq fell by 0.11%. TLRY shares dropped 23.39% in the last month, underperforming the Consumer Staples sector (-4.86%) and S&P 500 (+0.97%).

TLRY is set to release earnings, with an estimated revenue of $225.56 million, a 16.41% increase from last year. The Zacks Consensus Estimates predict an annual EPS of -$0.14 and revenue of $911.24 million, up 57.58% and 15.5% respectively.

Industry insights show the Consumer Products – Staples sector ranks 158 out of 250+, in the bottom 38%. The Zacks Industry Rank demonstrates that top-rated industries outperform the lower half by a 2 to 1 factor.

Zacks Research Chief identifies the “Stock Most Likely to Double,” highlighting a leading financial firm with innovative solutions and a growing customer base. This top pick is expected to outperform previous Zacks’ selections, potentially doubling in value.

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Read more at Nasdaq: Tilray Brands, Inc. (TLRY) Stock Moves -1.53%: What You Should Know