Cronos Group's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Cronos Group (NASDAQ:CRON) is scheduled to release its quarterly earnings report on Thursday, 2024-02-29, with analysts expecting an EPS of $-0.01. Investors are hopeful for a beat on this estimate and positive guidance for the next quarter. Historical data shows mixed reactions to past earnings reports, with the stock price fluctuating based on actual EPS outcomes and guidance provided.
February 28, 2024 | 2:01 pm
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NEUTRAL IMPACT
Cronos Group is anticipated to report an EPS of $-0.01 for the quarter. Historical performance shows that actual EPS outcomes and forward guidance significantly influence the stock price.
Given the historical sensitivity of CRON's stock price to earnings outcomes and guidance, the upcoming report could sway the stock in either direction. However, the exact impact remains uncertain due to mixed historical reactions, hence a neutral score.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100