HEXO's Earnings Outlook
Portfolio Pulse from Benzinga Insights
HEXO Corp (NYSE:HEXO) is set to release its latest quarterly earnings report on June 14, 2023, with analysts estimating an EPS of -$0.01. The company's historical earnings performance shows missed EPS estimates and subsequent share price drops. Over the last 52-week period, shares are down 70.97%.
June 13, 2023 | 2:04 pm
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HEXO Corp's upcoming earnings report on June 14, 2023, has an estimated EPS of -$0.01. The company's historical performance shows missed EPS estimates and share price drops, with shares down 70.97% over the last 52 weeks.
HEXO Corp has a history of missing EPS estimates and experiencing share price drops following earnings reports. With an estimated EPS of -$0.01 for the upcoming report and shares down 70.97% over the last 52 weeks, it is likely that the stock price will be negatively impacted in the short term if the company misses estimates again or provides negative guidance.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100