Aurora Cannabis earnings show big growth in pot sales, but worrisome profit trend

Aurora Cannabis Inc. nearly quadrupled its revenue and claimed a strong market share in an earnings report Monday that detailed the first quarter of legal recreational-pot sales in Canada, but also showed off large losses and a shrinking margin......»»

Category: topSource: marketwatchFeb 11th, 2019

Earnings Watch: Pot, soda and videogame earnings are on Wall Street’s to-do list

Earnings Watch: Aurora Cannabis and Canopy Growth to show off legal-pot earnings; Pepsi and Coke square off; Nvidia and Activision follow rough week for videogame publishers.....»»

Category: topSource: marketwatchFeb 9th, 2019

Zynga proclaims ‘turnaround is now complete’ as earnings show strong bookings trend

Zynga Inc. ended 2018 with faster-growing sales and bookings, and expects that trend to increase in 2019, but profit could be a problem......»»

Category: topSource: marketwatchFeb 6th, 2019

Cannabis Earnings Roundup: Record Sales, But Concerns Remain

The four largest cannabis companies in Canada -- Aurora Cannabis Inc (NYSE: ACB), Canopy Growth Corp (NYSE: CGC), Tilray Inc (NASDAQ: TLRY) and Cronos Group Inc (NASDAQ: CRON) -- have all recently reported .....»»

Category: earningsSource: benzingaNov 14th, 2018

Early birds score on sales, falter on profits; RIL props up Q4 earnings

Axis Bank no-show weighs on combined net profit growth.....»»

Category: topSource: business-standardApr 29th, 2018

Johnson & Johnson"s stock rises after profit and sales beat, raised sales guidance

Shares of Johnson & Johnson gained 1.0% in premarket trade Tuesday, after the drug and consumer products giant reported first-quarter earnings and revenue that rose above expectations, and raised its full-year sales growth outlook. Net .....»»

Category: topSource: marketwatchApr 16th, 2019

Pentair slashes profit and sales outlook, citing weather and "moderating growth"

Shares of Pentair PLC are indicated down nearly 3% in premarket trade Tuesday, after the water solutions company slashed its earnings and sales guidance, as first-quarter results were "si.....»»

Category: topSource: marketwatchApr 9th, 2019

Lowe"s beats profit forecasts but warns of weak Canadian market

U.S. home improvement chain Lowe's beat Wall Street earnings forecasts on Wednesday, but reported disappointing sales growth as it predicted more weakness in Canada following the closure of dozens of unprofitable stores......»»

Category: topSource: reutersFeb 27th, 2019

Aurora Cannabis and Canopy Growth Earnings Updates: What to Love and What to Loathe

And what to look forward to based on the big Canadian marijuana growers' latest quarterly results......»»

Category: topSource: foxnewsFeb 19th, 2019

Cannabis Watch: Canopy Growth shows surging pot sales in late-arriving earnings report

The largest pot company by market value, Canopy Growth Corp., reported a 283% increase in quarterly revenue as marijuana became legal in Canada, but earnings were slammed by paper losses, according to a securities filing late Thursday evening......»»

Category: topSource: marketwatchFeb 15th, 2019

Aurora Cannabis Earnings Reveal More Money, More Problems for Recreational Pot Sales

Legalizing pot in Canada has helped Aurora's sales, but added to its excise taxes and regulation-inspired costs. The legalization of marijuana is proving to be a two-edged sword for cannabis startups: On the one hand, it means mo.....»»

Category: europeSource: fortuneFeb 11th, 2019

Cannabis Watch: Cannabis earnings: Pot stocks’ downturn may drown Aurora and others in red ink

When Aurora Cannabis and Canopy Growth report earnings in the coming days, investors should watch closely for losses due to their investments in other weed companies......»»

Category: topSource: marketwatchFeb 10th, 2019

2019 Forecasts Show GM Has an Edge on Fiat Chrysler

Fiat Chrysler is running into headwinds after a multiyear run of strong profit growth. Meanwhile, General Motors expects solid earnings and cash flow growth for the foreseeable future......»»

Category: topSource: foxnewsFeb 9th, 2019

Deep Dive: These 2 stocks you’ve never heard of are better ways to profit from Amazon’s growth

Both Air Transport Services Group and Kornit Digital are expected to increase sales and earnings more quickly than Amazon in 2019......»»

Category: topSource: marketwatchFeb 6th, 2019

Recent Deals for Canopy Growth and Aurora Cannabis Show Why One of These Marijuana Stocks Is a Great Pick -- and One Isn"t

Two of the bi.....»»

Category: futuresSource: nasdaqJan 20th, 2019

Helen of Troy beats profit and revenue expectations, trims sales outlook

Helen of Troy Corp. reported Tuesday fiscal third-quarter earnings and revenue that beat expectations, but trimmed its full-year sales outlook citing deceleration of growth in China e-commerce. Shares of the consumer products compa.....»»

Category: topSource: marketwatchJan 8th, 2019

Marijuana Companies" Sales Disappoint, and the Stocks Are Plunging

Canopy Growth, Aurora Cannabis, and Tilray shares are down in the wake of investor disappointment.....»»

Category: topSource: barronsNov 16th, 2018

Cannabis Watch: Canopy stock slumps after earnings show no initial boost from Canada legalization

Canada-based pot producer Canopy Growth Corp. posted a sequential decline in quarterly revenue Wednesday, mounting losses and said it hadn’t received a material order of recreational cannabis during the quarter......»»

Category: topSource: marketwatchNov 14th, 2018

Cannabis Watch: Aurora stock falls as earnings show cannabis company’s investments are still the big earners

Massive demand for marijuana and a scramble to capitalize on adult recreational legalization in Canada generated more revenue for Aurora Cannabis Inc. but cost the company millions, according to results the company reported Monday after the market opened......»»

Category: topSource: marketwatchNov 12th, 2018

Aurora Cannabis Sees Huge Sales Increase In Q1 Earnings Release

Aurora Cannabis Inc (NYSE: ACB) shares were down Monday after the Canadian marijuana company reported its fiscal first-quarter results. read more.....»»

Category: blogSource: benzingaNov 12th, 2018

Aurora Cannabis Sees Huge Sales Increase In Q1 Earnings Release

Aurora Cannabis Inc (NYSE: ACB) shares were down Monday after the Canadian marijuana company reported its fiscal first-quarter results. What Happened Aurora's Q1 print marks the company's first as a NYSE-listed company. The company said.....»»

Category: earningsSource: benzingaNov 12th, 2018