Preview: Aurora Cannabis's Earnings
Portfolio Pulse from Benzinga Insights
Aurora Cannabis (NASDAQ:ACB) is set to release its quarterly earnings report on August 10, 2023. Analysts estimate an earnings per share (EPS) of $-0.08. The company's past performance shows a trend of missing EPS estimates, which has often led to a drop in share price. The stock is currently trading at $0.5537, down 66.14% over the last 52-week period.
August 09, 2023 | 3:02 pm
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NEGATIVE IMPACT
Aurora Cannabis is expected to report an EPS of $-0.08. The company's history of missing EPS estimates and the subsequent negative impact on its share price could potentially influence investor sentiment.
Aurora Cannabis has a history of missing EPS estimates, which has often led to a drop in its share price. Given this trend and the current estimate of $-0.08, there is a potential for negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100