Investing.com - Aphria reported first quarter earnings that beat analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of C$0.07 on revenue of C$126.11M. Analysts polled by Investing.com anticipated EPS of C$-0.01 on revenue of C$132.81M. That compared to EPS of C$0.09 on revenue of C$13.29M in the same period a year earlier. The company had reported EPS of C$-0.01 on revenue of C$128.57M in the previous quarter.
For the year, Aphria shares are down 8.79%, under-performing the S&P/TSX which is up 15.92% year to date.
Aphria follows other major Healthcare sector earnings this month
On Tuesday, October 8, 2019, Theratechnologies reported third quarter EPS of C$-0.03 on revenue of C$21.47M, compared to forecasts of EPS of C$-0.01 on revenue of C$23.66M.
Supreme Cannabis earnings beat analyst's expectations on Tuesday, September 17, 2019, with first quarter EPS of C$0.00 on revenue of C$19.01M. Investing.com analysts expected EPS of C$-0.02 on revenue of C$19.14M
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar