Investing.com - Aurora Cannabis reported first quarter earnings that missed analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of C$-0.06 on revenue of C$98.94M. Analysts polled by Investing.com anticipated EPS of C$-0.04 on revenue of C$107.95M. That compared to EPS of C$0.17 on revenue of C$19.15M in the same period a year earlier. The company had reported EPS of C$-0.16 on revenue of C$65.14M in the previous quarter.
For the year, Aurora Cannabis shares are up 25.52%, outperforming the S&P/TSX which is up 17.28% year to date.
Aurora Cannabis follows other major Healthcare sector earnings this month
On Wednesday, August 14, 2019, Canopy Growth reported first quarter EPS of C$-0.31 on revenue of C$90.5M, compared to forecasts of EPS of C$-0.37 on revenue of C$111.9M.
Curaleaf earnings missed analyst's expectations on Tuesday, August 27, 2019, with second quarter EPS of C$-0.07 on revenue of C$64.49M. Investing.com analysts expected EPS of C$-0.02 on revenue of C$64.03M
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