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 (NYSE:MMM).
High Tide shares are down 37% from the beginning of the year and are trading at C$1.9000 , down-from-52-week-high.
High Tide follows other major Healthcare sector earnings this month
High Tide's report follows an earnings missed by Cresco Labs on August 17, who reported EPS of C$-0.02 on revenue of C$218.23M, compared to forecasts EPS of C$-0.0161 on revenue of C$218.27M.
Jushi Holdings had missed expectations on August 29 with second quarter EPS of C$-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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