Investing.com - Aphria reported first quarter earnings that missed analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of C$-0.07 on revenue of C$128.57M. Analysts polled by Investing.com forecast EPS of C$-0.06 on revenue of C$102.27M. That compared to EPS of C$-0.06 on revenue of C$12.03M in the same period a year earlier. The company had reported EPS of C$-0.43 on revenue of C$73.58M in the previous quarter.
For the year, Aphria shares are up 6%, under-performing the STOXX 600 which is up 15.43% year to date.
Aphria follows other major Healthcare sector earnings this month
On Monday, July 15, 2019, OrganiGram Holdings Inc reported third quarter EPS of C$-0.07 on revenue of C$24.75M, compared to forecasts of EPS of C$0.03 on revenue of C$29.67M.
Valens Groworks earnings missed analyst's expectations on Monday, July 15, 2019, with second quarter EPS of C$-0.1 on revenue of C$8.8M. Investing.com analysts expected EPS of C$-0.02 on revenue of C$6.94M
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