Aurora Cannabis (ACB) Projected to Post 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. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Aurora Cannabis (NASDAQ:ACB) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate 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 Trading Up 45.9 %

Aurora Cannabis stock opened at $5.37 on Thursday. The firm has a market cap of $294.60 million, a PE ratio of -7.07 and a beta of 1.85. Aurora Cannabis has a 12 month low of $2.84 and a 12 month high of $9.35. The stock’s 50 day simple moving average is $4.21 and its two-hundred day simple moving average is $5.16. The company has a current ratio of 3.83, a quick ratio of 1.88 and a debt-to-equity ratio of 0.07.

Analysts Set New Price Targets

Several analysts recently commented on the stock. TD Securities upgraded shares of Aurora Cannabis to a “strong-buy” rating in a research report on Thursday, December 12th. TD Cowen began coverage on Aurora Cannabis in a research report on Wednesday, December 11th. They set a “buy” rating on the stock.

About Aurora Cannabis

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.