5 Questions Cronos Group Must Answer With Its Third-Quarter Report
Although earnings season never actually ends, it's about to pick up in a big way for the marijuana industry. Next week, some of the largest and most popular cannabis stocks are set to lift their respective hoods on their latest quarterly performance. One of these pot stocks hoping to dazzle Wall Street is Ontario-based Cronos Group (NASDAQ: CRON).
Cronos is set to release its third-quarter operating results before the opening bell on Tuesday, Nov. 12. According to Wall Street's consensus, the company is expected to report 11.1 million Canadian dollars in sales, representing a 291% increase from the year-ago period, with CA$0.03 per share in losses, matching its per-share loss from Q3 2018.
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Source Fool.com
