Quarterly Revenue Estimate
Annual Revenue (as of Dec 31)
Aurora Cannabis (NASDAQ:ACB) is set to give its latest quarterly earnings report on Thursday, 2023-08-10. Here's what investors need to know before the announcement.
Analysts estimate that Aurora Cannabis will report an earnings per share (EPS) of $-0.08.
Aurora Cannabis bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Past Earnings Performance
Last quarter the company missed EPS by $0.13, which was followed by a 1.45% drop in the share price the next day.
Here's a look at Aurora Cannabis's past performance and the resulting price change:
|Quarter||Q3 2023||Q2 2023||Q1 2023||Q4 2022|
|Price Change %||-1.45%||-1.09%||16.79%||-7.14%|
Shares of Aurora Cannabis were trading at $0.5537 as of August 08. Over the last 52-week period, shares are down 66.14%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Analyze the earnings history of Aurora Cannabis using advanced sorting and filters.
When is Aurora Cannabis (NASDAQ:ACB) reporting earnings?
Aurora Cannabis (ACB) is scheduled to report earnings on November 8, 2023. The last reported earnings were for reported on August 10, 2023 for Q1.
What were the latest earnings per share (EPS) for Aurora Cannabis (NASDAQ:ACB)?
The Actual EPS was $-0.04, which beat the estimate of $-0.08.
What were Aurora Cannabis’s (NASDAQ:ACB) revenues?
The Actual Revenue was $55.9M, which beat the estimate of $46.8M.
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