Cronos Group Inc <CRON.TO> expected to post a loss of 1 cent a share - Earnings Preview
Cronos Group Inc CRON.TO is expected to show a rise in quarterly revenue when it reports results on February 26 (estimated) for the period ending December 31 2024
The Toronto Ontario-based company is expected to report a 46.4% increase in revenue to $35 million from $23.92 million a year ago, according to the estimate from one analyst, based on LSEG data.
LSEG's mean analyst estimate for Cronos Group Inc is for a loss of 1 cent per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Cronos Group Inc is $2.43, above its last closing price of $1.97.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.02 | -0.01 | 0.02 | Beat | 300 |
Jun. 30 2024 | 0.00 | 0.00 | -0.02 | Missed | -700 |
Mar. 31 2024 | -0.02 | -0.01 | -0.01 | Met | 25 |
Dec. 31 2023 | -0.01 | -0.01 | -0.05 | Missed | -233.3 |
Sep. 30 2023 | -0.02 | -0.02 | 0.00 | Beat | 100 |
Jun. 30 2023 | -0.03 | -0.03 | -0.01 | Beat | 68.8 |
Mar. 31 2023 | -0.02 | -0.05 | -0.05 | Met | 0 |
Dec. 31 2022 | -0.06 | -0.05 | -0.21 | Missed | -281.8 |
This summary was machine generated February 24 at 13:58 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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