Cronos Group (CRON) closed at $7.85 within the newest buying and selling session, marking a -1.32%
Cronos Group (CRON) closed at $7.85 within the newest buying and selling session, marking a -1.32% transfer from the prior day. This alteration lagged the S&P 500’s 1.09% achieve on the day. In the meantime, the Dow gained 1.21%, and the Nasdaq, a tech-heavy index, added 1.34%.
Previous to right now’s buying and selling, shares of the hashish firm had misplaced 30.14% over the previous month. This has lagged the Finance sector’s lack of 1.13% and the S&P 500’s lack of 1.17% in that point.
Wall Road shall be in search of positivity from CRON because it approaches its subsequent earnings report date. In that report, analysts count on CRON to submit earnings of -$0.03 per share. This is able to mark no progress from the year-ago interval. In the meantime, our newest consensus estimate is asking for income of $10.44 million, up 262.57% from the prior-year quarter.
Trying on the full yr, our Zacks Consensus Estimates recommend analysts expect earnings of -$0.07 per share and income of $41.44 million. These totals would mark adjustments of +12.5% and +243.07%, respectively, from final yr.
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