Aurora Cannabis (ACB) Set to Announce Earnings on Wednesday

Aurora Cannabis (TSE:ACB) is set to announce its earnings results before the market opens on Wednesday, November 6th. Analysts expect the company to announce earnings of C($0.14) per share for the quarter.

Aurora Cannabis (TSE:ACB) last announced its quarterly earnings data on Wednesday, August 7th. The company reported C($0.16) earnings per share for the quarter, topping the consensus estimate of C($0.48) by C$0.32. Aurora Cannabis had a negative return on equity of 6.13% and a negative net margin of 11.53%. The firm had revenue of C$92.04 million during the quarter, compared to analysts’ expectations of C$76.70 million.

Aurora Cannabis Stock Performance

Aurora Cannabis stock opened at C$7.75 on Monday. Aurora Cannabis has a 1 year low of C$3.84 and a 1 year high of C$12.85. The company’s 50-day moving average is C$7.78 and its two-hundred day moving average is C$8.23. The company has a current ratio of 3.76, a quick ratio of 2.48 and a debt-to-equity ratio of 16.95. The company has a market cap of C$423.62 million, a PE ratio of -12.30 and a beta of 2.71.

Insider Activity at Aurora Cannabis

In other Aurora Cannabis news, Senior Officer Andre Jerome sold 7,712 shares of the firm’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of C$7.70, for a total transaction of C$59,382.40.

About Aurora Cannabis

Aurora Cannabis Inc, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and cannabis-derivative products in Canada and internationally. It operates through two segments, Canadian Cannabis and Plant Propagation. The company offers medical and consumer cannabis products; supplies propagated vegetables and ornamental plants; and distributes and sells hemp-derived cannabidiol (CBD) products.