Aphria's stock soars after swinging to surprise profit, revenue nearly doubled to be forecasts [MarketWatch]
Aphria Inc. (APHA)
Last aphria inc. earnings: 4/14 09:00 pm
Check Earnings Report
Company Research
Source: MarketWatch
Shares of Aphria Inc. shot up 19% toward a 2-month high in premarket trading Wednesday, after the Canada-based cannabis company reported a surprise fiscal third-quarter profit and revenue that nearly doubled and beat expectations. The company reported late Tuesday that it swung to net income of C$4.96 million ($3.53 million), or 2 cents a share, from a loss of C$108.27 million, or 43 cents a share, in the year-ago period. That beat the FactSet consensus for a loss per share of 4 cents. Revenue rose to C$144.42 million ($102.8 million) from C$73.58 million to beat the FactSet consensus of C$130.9 million. Net cannabis revenue rose 65% from the sequential second quarter to C$55.6 million, which included 8,171 kilogram equivalents sold for the adult-use market. The average selling price of medical cannabis decreased to C$6.41 ($4.56) per gram from C$8.16 the prior quarter. Aphria said given the growing uncertainty over the impact of the COVID-19 pandemic, it can't "accurately" forecast f
Show less
Read more
Impact Snapshot
Event Time:
APHA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
APHA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
APHA alerts
High impacting Aphria Inc. news events
Weekly update
A roundup of the hottest topics