Cronos Group (CRON) Set to Announce Earnings on Tuesday

Cronos Group (NASDAQ:CRON) is scheduled to be announcing its earnings results before the market opens on Tuesday, November 12th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Cronos Group (NASDAQ:CRON) last issued its earnings results on Thursday, August 8th. The company reported ($0.02) earnings per share for the quarter. The firm had revenue of $27.76 million during the quarter, compared to analyst estimates of $25.85 million. Cronos Group had a negative net margin of 56.43% and a negative return on equity of 2.06%. During the same quarter in the previous year, the business posted ($0.02) EPS. On average, analysts expect Cronos Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Cronos Group Trading Up 0.5 %

NASDAQ:CRON traded up $0.01 on Tuesday, hitting $2.21. 1,039,383 shares of the stock were exchanged, compared to its average volume of 1,922,122. The stock has a fifty day moving average of $2.19 and a 200-day moving average of $2.37. The stock has a market cap of $844.88 million, a PE ratio of -14.67 and a beta of 0.98. Cronos Group has a fifty-two week low of $1.83 and a fifty-two week high of $3.14.

About Cronos Group

Cronos Group Inc operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands.