Cronos Group (CRON) Set to Announce Earnings on Tuesday

Cronos Group (NASDAQ:CRON) will be posting its quarterly earnings results before the market opens on Tuesday, November 12th. Analysts expect Cronos Group to post earnings of ($0.01) per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Cronos Group (NASDAQ:CRON) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $27.76 million during the quarter, compared to analysts’ expectations of $25.85 million. Cronos Group had a negative net margin of 56.43% and a negative return on equity of 2.06%. During the same period in the prior year, the firm posted ($0.02) EPS. On average, analysts expect Cronos Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Cronos Group Price Performance

CRON opened at $2.00 on Friday. Cronos Group has a 12 month low of $1.85 and a 12 month high of $3.14. The stock has a market capitalization of $764.60 million, a P/E ratio of -13.33 and a beta of 0.98. The business has a 50 day simple moving average of $2.18 and a 200-day simple moving average of $2.36.

About Cronos Group

Cronos Group Inc operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands.