Aurora Cannabis (ACB) Scheduled to Post Earnings on Wednesday

Aurora Cannabis (NASDAQ:ACB) will release its earnings data before the market opens on Wednesday, August 7th. Analysts expect Aurora Cannabis to post earnings of ($0.19) per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Aurora Cannabis (NASDAQ:ACB) last issued its quarterly earnings data on Thursday, June 20th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.29. Aurora Cannabis had a negative return on equity of 9.34% and a negative net margin of 26.97%. The business had revenue of $49.98 million during the quarter, compared to analyst estimates of $51.28 million. On average, analysts expect Aurora Cannabis to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Aurora Cannabis Price Performance

Shares of ACB traded down $0.04 on Wednesday, hitting $5.83. The company’s stock had a trading volume of 100,763 shares, compared to its average volume of 4,024,808. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.42 and a quick ratio of 1.93. The firm’s fifty day moving average price is $5.71 and its 200-day moving average price is $5.22. Aurora Cannabis has a fifty-two week low of $2.84 and a fifty-two week high of $11.50.

Aurora Cannabis Company Profile

Aurora Cannabis Inc, together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation. The company produces, distributes, and sells medical and consumer cannabis products in Canada.