Trulieve Cannabis: Q3 Earnings Insights


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Trulieve Cannabis (OTC:TCNNF) reported its Q3 earnings results on Thursday, November 9, 2023 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Trulieve Cannabis beat estimated earnings by 52.94%, reporting an EPS of $-0.08 versus an estimate of $-0.17.

Revenue was down $25.59 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11 which was followed by a 1.43% drop in the share price the next day.

Here's a look at Trulieve Cannabis's past performance:

QuarterQ2 2023Q1 2023Q4 2022Q3 2022
EPS Estimate-0.19-0.16-0.11-0.05
EPS Actual-0.08-0.11-0.180.02
Revenue Estimate280.67M292.91M304.81M308.42M
Revenue Actual281.80M289.10M302.00M300.79M

To track all earnings releases for Trulieve Cannabis visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: EarningsBZI-Recaps