Aurora Cannabis (ACB) To Report Q3 Earnings: What's In Store?

 | May 09, 2019 08:31AM ET

Aurora Cannabis Inc.’s (TO:ACB) third-quarter fiscal 2019 earnings are scheduled to release on May 15, before market opens. A strong Canadian consumer market and acquisitions are expected to drive third-quarter results. However, stiff competition persists.

Which Way Are Estimates Headed?

For the quarter to be reported, the Zacks Consensus Estimate for Aurora Cannabis’ bottom line stands at a loss of 3 cents per share. The same for revenues is pinned at $55.1 million, suggesting a substantial year-over-year upside of 332.7%.

Let’s see how things are shaping up prior to the release.

Aurora Cannabis Inc. Price and EPS Surprise

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