Aurora Cannabis Inc reports results for the quarter ended in September - Earnings Summary

Published on November 10, 2022 09:44 PM EST

Aurora Cannabis Inc reports results for the quarter ended in September - Earnings Summary — Image source: ©2022 Kalkine Media®

* Aurora Cannabis Inc reported a quarterly adjusted loss of 17 cents per share for the quarter ended in September. The mean expectation of eight analysts for the quarter was for a loss of 12 cents per share. * Revenue fell 18% to C$49.26 million from a year ago; analysts expected C$52.56 million. * Aurora Cannabis Inc's reported EPS for the quarter was a loss of 17 cents. * The mean earnings estimate of analysts had risen by about 1.3% in the last three months. * In the last 30 days one analyst negatively revised an earnings estimate * Aurora Cannabis Inc shares had fallen by 0.8% this quarter and lost 77.6% so far this year. * The company reported a quarterly loss of C$51.6 million. * Wall Street's median 12-month price target for Aurora Cannabis Inc is $3.00 * The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell." This summary was machine generated from Refinitiv data November 11 at 02:44 a.m. All figures in Canadian dollars unless otherwise stated. QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Sep. 30 2022 -0.12 -0.17 Missed Jun. 30 2022 -0.20 0.00 Beat Mar. 31 2022 -0.24 -4.72 Missed Dec. 31 2021 -0.26 -0.38 Missed

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