Trulieve Cannabis: Q3 Earnings Insights

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Trulieve Cannabis 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:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.19 -0.16 -0.11 -0.05
EPS Actual -0.08 -0.11 -0.18 0.02
Revenue Estimate 280.67M 292.91M 304.81M 308.42M
Revenue Actual 281.80M 289.10M 302.00M 300.79M

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.

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Posted In: EarningsBZI-Recaps
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