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Aphria earnings for the company's fiscal third quarter of 2019 has APHA stock falling hard on Monday with a large EPS miss . Aphria (NYSE:APHA) starts off the earnings report for its fiscal third quarter of the year with losses per share of 20 Canadian cents.
Chipmaker Nvidia fell 18.8 percent Friday after missing analyst expectations on revenue and guidance in its third-quarter 2019 earnings report. builds, we think investors will be frustrated by NVIDIA's comments exiting F2Q19 that: '…we [NVIDIA] see inventory at the lower-ends of our
Aphria (NYSE: APHA) is having a memorable day, as the company has reported its latest quarterly figures and delivered an update about its top management.
For the company's Q2 of fiscal, it booked net revenue of 120.6 million Canadian dollars (all line items in this story are in reported in the currency). This was down 4% on a sequential basis, but up nearly six-fold from the same quarter of 2019. On the bottom line, the company flipped to a net loss of C$8.2 million (C$0.03 per share); the year-ago result was a net profit of almost C$54.8 million.
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Missed revenue estimates. The company saw revenue figures of .64 billion, missing our consensus estimate of .67 billion. Looking ahead to the third quarter, eBay expects to post adjusted earnings in the range of
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Booking Holdings Inc. BKNG, +1.10% shares fell 6.8% in the extended session Wednesday after the online travel company missed revenue expectations and issued weaker-than-expected guidance . The company reported fourth-quarter net income of 6 million, or .86 a share
APHA | Complete Aphria Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview. Aurora Cannabis Inc. shares fell 1.8% in premarket trade Monday, after the company said its Chief Corporate Officer Cam Battley is stepping down.
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Buy-and-hold investors have become quite wealthy owning these stocks.Canadian investors are getting their RRSP contributions wrapped up for the 2019 tax year..56 per share, which falls in line with our current estimate of
JC Penney (JCP) stock was falling hard on Thursday following the release of its earnings report for the second quarter of 2018. This is a decrease from the company’s revenue of .07 billion that was reported in the second quarter of the previous year. It was also bad news for JCP stock by failing to
Aphria Inc., one of the leading cannabis companies, is attracting investments from around the world. Invest with us today. Upcoming Events. Q 2 2020 Earnings Call. Aphria executives will host a conference call to discuss financial results for its second quarter and six months ended November 30
Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,415.17, up 62.27 points.) Aurora Cannabis Inc. (TSX:ACB). Health care. Up 36 cents, or 15.45 per cent, to $2.69 on 19.6 million shares. Organigram Holdings Inc. (TSX:OGI). Health care. Up $1.24, or 44.13 per cent, to $4.05 on 9.9 million shares. Hexo Corp. (TSX:HEXO). Health care. Up 33 cents, or 15.87 per cent, to $2.41 on 8.15 million shares.Canopy Growth Corp. (TSX:WEED). Health care. Up $1.32, or 4.24 per cent, to $32.46 on 7.7 million shares.Aphria Inc. (TSX:APHA). Health care. Up 39 cents, or 6.01 per cent, to $6.88 on 6.9 million shares.The Green Organic Dutchman Holdings. (TSX:TGOD)..56 per share.
However, it was bad news for Pfizer stock by missing Wall Street’s revenue estimate of .53 billion for the period. Earnings per share reported by Pfizer The most recent earnings report from Pfizer also saw it update its guidance for the full year of 2018. The company says it is now expecting revenue
Shares of apparel company HanesBrands (HBI) was the worst performing stock in the S&P 500 Friday, wrapping up the session with a loss of 9 percent on the hee But revenue of .52 billion missed expectations of .56 billion, but represents Shares were also lower on the heels of lower guidance .
Aphria earnings for the company's fiscal third quarter of 2019 has APHA stock falling on Monday.Source: Shutterstock Aphria (NYSE:APHA) starts off the earnings report for its fiscal third quarter of the year with losses per share of 20 Canadian cents.
Related video: Are cannabis marketing rules in Canada too strict? (Provided by CBC.ca)
On average, analysts tracking the stock were estimating net revenue would land at C$129.8 million. The net loss was in line with their expectations.
Aphria's distribution revenue, responsible for the bulk of its top line, slipped by 9% to C$86 million. Although kilograms/kilogram equivalents sold rose significantly quarter-on-quarter -- to 7,062, from the Q1 tally of 5,969 -- the average selling price of recreational cannabis dipped to C$5.22 per gram. It was C$6.02 the previous quarter. That of medical cannabis, however, rose to C$8.16 from C$7.56.
Bombardier shares plunge after it says it expects to fall short of guidance
Bombardier shares plunge after it says it expects to fall short of guidanceThe company says the miss is mainly due to actions taken to resolve challenging rail projects, the timing of milestone payments and new orders and the delivery of four business jets slipping into the first quarter of 2020.
Also, the company's earnings and revenues fell year over year. Shares of Dean Foods Company DF lost 13% yesterday following an earnings and revenue miss in fourth-quarter 2017. However, the bottom line was in line with the company’s guidance and excluded tax reform gains of million.
Teradata (TDC) posted worse-than-anticipated revenue for the 2016 third quarter and gave a negative view for the fourth quarter on Thursday .TDC. Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon.
The company believes it has good scope for expansion in promising international markets such as Germany and South America, but will face challenges in both that European country and Canada. It cut its full-year net revenue guidance to C$575 million to C$625 million; it had formerly expected C$650 million to $700 million. The new range is still above the average analyst projection of C$571 million.
Aphria also announced that, who has been serving as its interim CEO for nearly one year, has had the "interim" removed from his job title.
Likely because of the trailing and expected net revenue figures, thewas down 9% in early trading Tuesday.
SPONSORED: has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a .
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Bombardier's future in question after debt-reduction options being considered
Bombardier's future in question after debt-reduction options being consideredAfter exiting the commercial aircraft business, selling its aerostructures unit and unloading a large tract of land in Toronto, the company said it is working to reduce debt and "solve its capital structure." Bombardier's long-term debt stood at more than US$9 billion as of Dec. 31, 2018.
1. Revenue growth, but largely due to the Broken Coast acquisition. The good news for Aphria in its fiscal Q4 was that revenue increased 17% from the There was also a change in revenue mix. Cannabis oil sales as a percentage of total sales fell from 33.1% in the previous quarter to 29.2% in Q4.
Missed revenue estimates. The company saw revenue figures of .2 million, missing our consensus estimate of .3 million. These orders have been shipped in Q 2 . In the first quarter, we made good progress in diversifying our customer base with nine design wins, including five for our
And make no mistake – it is coming.
Cannabis legalization is sweeping over North America – 11 states plus Washington, D.C., have all legalized recreational marijuana over the last few years, and full legalization came to Canada in October 2018.
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Because a game-changing deal just went down between the Ontario government and this powerhouse company...and you need to hear this story today if you have even considered investing in pot stocks.
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Canopy Growth stock price: Should you buy the bounce? .
Canopy Growth (TSX:WEED) (NYSE:CGC) is up 20% in the past week. Are more gains on the way?Canopy Growth (TSX:WEED)(NYSE:CGC) is a leader in the Canadian and global marijuana industry.