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Balance Sheet View: Aurora Cannabis Cuts Loss – Stocks Rise | newsletter

For the fourth quarter, which ended June 30, 2021 for Aurora Cannabis, the Canadian company generated $54.8 million in sales. This was less than analysts had expected. Experts forecast C$56.8 million in sales of Aurora Cannabis in advance, after the Canadian company made C$72.1 million in the same period last year.

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Earnings per share were -0.677 Canadian dollars in the last quarter after -16,660 Canadian dollars in the same quarter of the previous year. Experts expected a loss of 0.268 Canadian dollars per share.

For the full fiscal year 2021, the loss was -3.509 Canadian dollars per share. The median forecast here is -3.634 Canadian dollars per share. In the previous fiscal year, Aurora Cannabis was still down C$33,940 a share.

In terms of sales, the cannabis group generated sales of C$245.3 million in the full fiscal year 2021, compared to C$278.9 million in fiscal year 2020. Analysts had forecast sales of C$247.9 million.

You may also be interested in: finanzen.net guide The Best Cannabis Stock to Buy

As for the Aurora Cannabis stake in the US traded on NASDAQ, it finally rose 6.66% to $6.81.

Finanzen.net Editorial Team

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