High Tide Inc (CVE:HIT – Free Report) – Analysts at Atb Cap Markets lifted their FY2024 earnings estimates for shares of High Tide in a research note issued on Tuesday, October 22nd. Atb Cap Markets analyst F. Gomes now forecasts that the company will post earnings per share of ($0.04) for the year, up from their prior forecast of ($0.06). Atb Cap Markets also issued estimates for High Tide’s Q4 2024 earnings at ($0.05) EPS, FY2025 earnings at $0.00 EPS, FY2026 earnings at $0.21 EPS, FY2027 earnings at $0.41 EPS and FY2028 earnings at $0.66 EPS.
Separately, Ventum Cap Mkts upgraded shares of High Tide to a “strong-buy” rating in a research report on Tuesday, July 16th.
High Tide Stock Performance
High Tide stock opened at C$0.01 on Friday. High Tide has a 52 week low of C$0.01 and a 52 week high of C$0.04. The firm’s 50-day simple moving average is C$0.03 and its 200 day simple moving average is C$0.05.
High Tide (CVE:HIT – Get Free Report) last posted its earnings results on Monday, September 16th. The company reported C$0.01 EPS for the quarter, topping analysts’ consensus estimates of C($0.03) by C$0.04. The firm had revenue of C$131.69 million for the quarter, compared to analysts’ expectations of C$127.93 million.
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