Cronos Group (CRON) to Announce Earnings on Tuesday

Cronos Group (NASDAQ:CRON) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, November 12th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Cronos Group (NASDAQ:CRON) last issued its earnings results on Thursday, August 8th. The company reported ($0.02) earnings per share for the quarter. Cronos Group had a negative return on equity of 2.06% and a negative net margin of 56.43%. The company had revenue of $27.76 million during the quarter, compared to analysts’ expectations of $25.85 million. During the same period in the previous year, the company earned ($0.02) EPS. On average, analysts expect Cronos Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Cronos Group Stock Performance

Shares of NASDAQ:CRON traded up $0.01 during mid-day trading on Tuesday, hitting $2.21. 1,039,383 shares of the company traded hands, compared to its average volume of 1,922,122. The firm’s 50 day simple moving average is $2.19 and its 200 day simple moving average is $2.37. The firm has a market cap of $844.88 million, a P/E ratio of -14.67 and a beta of 0.98. Cronos Group has a 52-week low of $1.83 and a 52-week high of $3.14.

Cronos Group Company Profile

Cronos Group Inc operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands.