Earnings Outlook For Cresco Labs
Portfolio Pulse from Benzinga Insights
Cresco Labs (OTC:CRLBF) is set to release its latest quarterly earnings report on August 16, 2023. Analysts estimate an earnings per share (EPS) of $-0.04. The company's past performance shows a pattern of share price changes following earnings reports. The stock is currently trading at $1.08, down 71.63% over the last 52-week period.
August 15, 2023 | 2:01 pm
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NEGATIVE IMPACT
Cresco Labs is expected to report a negative EPS of $-0.04. The company's stock price has historically been affected by its earnings reports. Currently, the stock is trading at $1.08, representing a 71.63% decrease over the past year.
Cresco Labs' upcoming earnings report is expected to show a negative EPS, which could potentially lead to a decrease in the stock price, given the company's past performance. Additionally, the stock has been on a downward trend over the past year, which could further impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100