Investing.com - Aurora Cannabis reported third quarter earnings that missed analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of C$-0.06 on revenue of C$68.5M. Analysts polled by Investing.com forecast EPS of C$-0.05 on revenue of C$69.62M. That compared to EPS of C$-0.04 on revenue of C$16.1M in the same period a year earlier. The company had reported EPS of C$-0.25 on revenue of C$54.18M in the previous quarter.
For the year, Aurora Cannabis shares are down 3.38%, under-performing the Nikkei 225 which is up 7.8% year to date.
Aurora Cannabis follows other major Healthcare sector earnings this month
On Tuesday, CannTrust reported first quarter EPS of C$0.12 on revenue of C$16.85M, compared to forecasts of EPS of C$-0.04 on revenue of C$17.46M.
Knight Therapeutics Inc earnings beat analyst's expectations on Thursday, May 9, 2019, with first quarter EPS of C$0.04 on revenue of C$2.96M. Investing.com analysts expected EPS of C$0.03 on revenue of C$3.56M
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