Aurora Cannabis (ACB) Scheduled to Post Earnings on Wednesday

Aurora Cannabis (TSE:ACB) is set to post its quarterly earnings results before the market opens on Wednesday, August 7th. Analysts expect Aurora Cannabis to post earnings of C($0.25) per share for the quarter.

Aurora Cannabis (TSE:ACB) last issued its earnings results on Thursday, June 20th. The company reported C$0.14 earnings per share for the quarter, topping the consensus estimate of C($0.24) by C$0.38. The business had revenue of C$67.41 million for the quarter, compared to analyst estimates of C$69.30 million. Aurora Cannabis had a negative return on equity of 137.28% and a net margin of 151.71%.

Aurora Cannabis Stock Down 0.7 %

ACB traded down C$0.06 during trading on Wednesday, hitting C$8.06. The company had a trading volume of 39,019 shares, compared to its average volume of 1,271,907. The company has a market cap of C$439.59 million, a PE ratio of -0.10 and a beta of 2.65. The company has a debt-to-equity ratio of 18.51, a current ratio of 3.79 and a quick ratio of 2.48. Aurora Cannabis has a 1-year low of C$3.84 and a 1-year high of C$15.50. The business has a 50-day moving average of C$7.83 and a 200-day moving average of C$6.22.

Analyst Ratings Changes

Separately, ATB Capital decreased their target price on Aurora Cannabis from C$12.50 to C$11.00 and set a “sector perform” rating for the company in a research report on Friday, June 21st.

About Aurora Cannabis

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.