Aurora Cannabis (ACB) Expected to Announce Quarterly Earnings on Thursday

Aurora Cannabis (NASDAQ:ACB) is expected to be posting its quarterly earnings results before the market opens on Thursday, February 13th. Analysts expect Aurora Cannabis to post earnings of $0.04 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Aurora Cannabis (NASDAQ:ACB) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.15. Aurora Cannabis had a negative return on equity of 2.19% and a negative net margin of 17.47%. On average, analysts expect Aurora Cannabis to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Aurora Cannabis Stock Performance

Shares of Aurora Cannabis stock opened at $5.37 on Thursday. The company has a quick ratio of 1.88, a current ratio of 3.83 and a debt-to-equity ratio of 0.07. The stock’s fifty day moving average is $4.21 and its two-hundred day moving average is $5.16. Aurora Cannabis has a 52 week low of $2.84 and a 52 week high of $9.35. The company has a market capitalization of $294.60 million, a PE ratio of -7.07 and a beta of 1.85.

Analyst Ratings Changes

Several research firms recently weighed in on ACB. TD Securities upgraded Aurora Cannabis to a “strong-buy” rating in a report on Thursday, December 12th. TD Cowen initiated coverage on shares of Aurora Cannabis in a report on Wednesday, December 11th. They issued a “buy” rating for the company.

Aurora Cannabis Company Profile

Aurora Cannabis Inc, together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation. The company produces, distributes, and sells medical and consumer cannabis products in Canada.