Cronos Group (CRON) to Release Earnings on Tuesday

Cronos Group (NASDAQ:CRON - Get Free Report) will issue its quarterly earnings data 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 participating in the company's conference call can do so using this link.

Cronos Group (NASDAQ:CRON - Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.02) EPS for the quarter. Cronos Group had a negative net margin of 56.43% and a negative return on equity of 2.06%. The business had revenue of $27.76 million during the quarter, compared to analysts' expectations of $25.85 million. During the same quarter last year, the business posted ($0.02) earnings per share. 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 Stock Up 0.9 %

Shares of NASDAQ:CRON traded up $0.02 during trading on Tuesday, hitting $2.22. The stock had a trading volume of 1,735,627 shares, compared to its average volume of 1,925,375. The stock has a market capitalization of $848.71 million, a price-to-earnings ratio of -14.80 and a beta of 0.98. Cronos Group has a 12-month low of $1.83 and a 12-month high of $3.14. The stock has a 50-day simple moving average of $2.19 and a two-hundred day simple moving average of $2.37.

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.