Here will take a quick scan of Earnings Yield information on shares of Aurora Cannabis Inc. (TSX:ACB). Currently, the Earnings to Price (Yield) is -0.006824, Earnings Yield is -0.022074, and Earnings Yield 5 year average is -0.001862. Earnings yield provides a way for investors to help measure returns. Investors may choose to compare the earnings yield of stocks to money market instruments, treasuries, or bonds. The firm will look to it’s next scheduled report date to try to improve on these numbers.
As we move closer to the close of the year, investors will be closely watching the next round of company earnings results. Investors may choose to closely follow Wall Street analyst projections around earnings periods. Analysts will typically make adjustments to estimates as the earnings date approaches. Many investors will look to see which way the estimate revisions are trending heading into the