Trulieve Cannabis (OTC:TCNNF) reported its Q1 earnings results on Wednesday, May 10, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Trulieve Cannabis beat estimated earnings by 31.25%, reporting an EPS of $-0.11 versus an estimate of $-0.16.
Revenue was down $29.20 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.07 which was followed by a 2.71% drop in the share price the next day.
Here’s a look at Trulieve Cannabis’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.11 | -0.05 | 0.07 | 0.03 |
| EPS Actual | -0.18 | 0.02 | -0.01 | 0.01 |
| Revenue Estimate | 304.81M | 308.42M | 320.52M | 307.08M |
| Revenue Actual | 302.00M | 300.79M | 320.30M | 318.30M |
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.
