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Market Impact: 0.32

Ascend Wellness Holdings, Inc. (AAWH) Reports Q1 Loss, Tops Revenue Estimates

Corporate EarningsAnalyst EstimatesCompany Fundamentals

Ascend Wellness Holdings reported quarterly EPS of -$0.15, missing the Zacks Consensus Estimate of -$0.13 by $0.02 per share. The loss also widened from -$0.09 per share in the prior year, indicating weaker profitability year over year. The print is a modest negative for AAWH and could pressure shares, but the news is limited to a single earnings datapoint.

Analysis

Ascend Wellness Holdings reported quarterly EPS of -$0.15, missing the Zacks Consensus Estimate of -$0.13 by $0.02 per share. The loss also widened from -$0.09 per share in the prior year, indicating weaker profitability year over year. The print is a modest negative for AAWH and could pressure shares, but the news is limited to a single earnings datapoint.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.22