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Aurora Cannabis Earnings Preview: Can ACB Sustain Profitability?
Aurora Cannabis Earnings Preview: Can ACB Sustain Profitability?
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Aurora Cannabis (ACB) prepares to report Q3 earnings on June 18, with analysts projecting $0.09 EPS—a stark reversal from last year''s $0.29 loss but below Q2''s surprise $0.42 profit. Revenue expectations sit at $65.4 million, up 32% YoY, as investors scrutinize whether the cannabis producer can maintain its nine-quarter streak of positive adjusted EBITDA.
The company''s medical cannabis division—particularly its 112% YoY international sales growth—remains a key driver. With $180 million in cash reserves and zero cannabis-related debt, Aurora''s balance sheet appears robust. Yet the looming question persists: Can operational momentum offset the volatility inherent to this emerging sector?
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