Aurora Cannabis Inc. (ACB - Get Report) is expected to report a loss of $35.1 million, or 4 cents a share, on sales of $81.7 million after the market closes on Wednesday, based on a FactSet survey of 11 analysts.
In the same period a year ago, the company posted earnings of 13.13 cents a share on sales of $14.8 million. It reported a loss of $15.2 million.
The stock has fallen 30.1% since the company last reported earnings on May. 14.
Quarterly estimates have risen less than 1 cent a share in the past month.
In the upcoming quarter analysts are forecasting a loss of $27.2 million, or 3 cents a share, on sales of $92.9 million.
Aurora Cannabis is currently trading at a price-to-forward-earnings ratio of -232.7 based on the 12-month estimates of 12 analysts surveyed by FactSet.
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