Before trading kicks into action on Wednesday (April 6), Tilray (TLRY) will present F3Q22’s financial results (February quarter). Those with an optimistic bent might want to lower expectations, if Canaccord’s Matt Bottomley’s forecast is anything to go by. “For the quarter, we are expecting the combination of a seasonally slower period and continued macro-level headwinds in the Canadian recreational environment (namely saturated competition and pricing pressures) to result in a relatively flat print on both the top line and Tilray’s profitability profile,” said the 5-star analyst. At a “consolidated level,” Bottomley anticipates that Tilray will deliver net revenue of US$155.
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