Cronos Group (NASDAQ:CRON) reported its Q3 earnings results on Wednesday, November 8, 2023 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Cronos Group missed estimated earnings by 100.0%, reporting an EPS of $0.0 versus an estimate of $-0.02.
Revenue was up $3.89 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 0.57% increase in the share price the next day.
Here’s a look at Cronos Group’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.03 | -0.05 | -0.05 | -0.06 |
| EPS Actual | -0.02 | -0.05 | -0.21 | -0.10 |
| Revenue Estimate | 22.70M | 24.18M | 22.10M | 24.72M |
| Revenue Actual | 19.02M | 20.14M | 22.89M | 20.92M |
To track all earnings releases for Cronos Group visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
