Cronos Group Inc expected to post a loss of 1 cent a share - Earnings Preview

Reuters
02-24
Cronos Group Inc <cron.to> expected to post a loss of 1 cent a share - Earnings Preview </cron.to>
  • 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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