Analysts Offer Predictions for High Tide FY2024 Earnings

High Tide Inc (CVE:HIT) – Investment analysts at Ventum Cap Mkts issued their FY2024 EPS estimates for High Tide in a research report issued to clients and investors on Monday, December 2nd. Ventum Cap Mkts analyst A. Semple forecasts that the company will earn $0.00 per share for the year. Ventum Cap Mkts also issued estimates for High Tide’s Q4 2024 earnings at $0.00 EPS, FY2025 earnings at $0.04 EPS and FY2026 earnings at $0.15 EPS.

High Tide (CVE:HIT) last released its earnings results on Monday, September 16th. The company reported C$0.01 earnings per share for the quarter, topping the consensus estimate of C($0.03) by C$0.04. The firm had revenue of C$131.69 million during the quarter, compared to analysts’ expectations of C$127.93 million.

Separately, Roth Capital raised High Tide to a “strong-buy” rating in a report on Friday, November 8th.

High Tide Stock Up 1,900.0 %

Shares of High Tide stock opened at C$0.10 on Thursday. The business has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.03. High Tide has a 1 year low of C$0.01 and a 1 year high of C$0.10.