Investing.com - High Tide reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
High Tide announced earnings per share of C$-0.05 on revenue of C$95.35M. Analysts polled by Investing.com anticipated EPS of C$-0.0933 on revenue of C$89.3M.
High Tide shares are down 37% from the beginning of the year , still down 81.00% from its 52 week high of C$10.00 set on Monday, November 15, 2021.
High Tide follows other major Healthcare sector earnings this month
High Tide's report follows an earnings missed by Cresco Labs on Wednesday, August 17, 2022, who reported EPS of C$-0.02 on revenue of C$218.23M, compared to forecasts EPS of C$-0.0161 on revenue of C$218.27M.
Jushi Holdings had missed expectations on Monday, August 29, 2022 with second quarter EPS of C$-0.15 on revenue of C$72.8M, compared to forecast for EPS of C$-0.0932 on revenue of C$69.15M.
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