Cronos Group: Q3 Earnings Insights

Cronos Group 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.

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Posted In: EarningsBZI-Recaps
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