High Tide Inc reports results for the quarter ended in July - Earnings Summary

High Tide

15/09/2022 16:49

* High Tide Inc  HITI.V  reported a quarterly adjusted loss
of 4
cents​​ per share for the quarter ended in July. The lone
analyst forecast for the quarter was for a loss of 12 cents per
share.
    * Revenue was C$95.35 million​; analysts expected C$91.00
million. 
    * High Tide Inc's reported EPS for the quarter was a loss
of 4
cents​.
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * High Tide Inc shares had fallen by 24.2% this quarter and
lost 64.7% so far this year.
    * The company reported a quarterly loss of C$1.62 million.
    * Wall Street's median 12-month price target for High Tide
Inc is
$7.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data September
15 at 03:49 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2022      -0.12          -0.04          Beat
 Apr. 30 2022      -0.04          -0.14          Missed
 Jan. 31 2022      -0.08          -0.14          Missed
 Oct. 31 2021      -0.06          -0.09          Missed