The Only 3 Pot Stocks Whose Earnings Estimates Are Rising [The Motley Fool]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: The Motley Fool
If you think the stock market has been on a wild ride over the past five months, take a gander at what marijuana stock investors have gone through over the past three years.Up until April 09, investors could practically throw a dart at a list of publicly traded pot stocks and make money. Promises of capacity expansion and overseas dealmaking often proved more than enough to send valuations higher. In some instances, popular cannabis stocks delivered quadruple-digit percentage returns in less than two years.But thisall fell apart about months agoHowever, there are exceptions to the rule. The following three pot stocks have all seen their fiscal 00 and fiscal 0 consensus earnings forecast from Wall Street improve over the past three months.Image source: Getty Images.Aurora CannabisSurprise! The most popular(NYSE:ACBOne of the likeliest reasons we've witnessed a narrowing in Aurora's consensus loss estimate is the company's aggressive cost-cutting campaign. Recently, management announce
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ACB
News
- Aurora Cannabis: Improved Financials, Limited Opportunity [Seeking Alpha]Seeking Alpha
- Aurora Cannabis Inc. (ACB) Suffers a Larger Drop Than the General Market: Key Insights [Yahoo! Finance]Yahoo! Finance
- Cannabis Beverages Global Strategic Business Report 2024: Market to Grow by $1.6 Billion by 2030 - Major Alcoholic Beverage Players Seek Role in the Market [Yahoo! Finance]Yahoo! Finance
- Green gold rush, Aurora Cannabis leads pot stock surge [BNN Bloomberg (Canada)]BNN Bloomberg
- CNN values your feedback [CNN]CNN
ACB
Analyst Actions
- 2/8/24 - CANACCORD
ACB
Sec Filings
- 3/1/24 - Form 6-K
- 2/16/24 - Form 6-K
- 2/8/24 - Form 6-K
- ACB's page on the SEC website