Aurora Cannabis (ACB) Projected to Post Earnings on Thursday

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

Aurora Cannabis (NASDAQ:ACB) last released its earnings results on Wednesday, February 5th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.15. Aurora Cannabis had a return on equity of 0.59% and a net margin of 0.42%. 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 Down 2.9 %

Shares of Aurora Cannabis stock opened at $6.42 on Wednesday. Aurora Cannabis has a 1 year low of $2.84 and a 1 year high of $9.35. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.30 and a quick ratio of 1.88. The stock has a market cap of $352.20 million, a PE ratio of 128.43 and a beta of 1.84. The firm has a fifty day moving average price of $4.35 and a 200 day moving average price of $5.16.

Analyst Ratings Changes

A number of research analysts have weighed in on ACB shares. TD Securities raised shares of Aurora Cannabis to a “strong-buy” rating in a report on Thursday, December 12th. TD Cowen assumed coverage on Aurora Cannabis in a research note on Wednesday, December 11th. They issued a “buy” rating for the company. Finally, Atb Cap Markets raised shares of Aurora Cannabis from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 5th.

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.