Seaport Global Securities Comments on APHRIA INC-TS’s FY2019 Earnings (TSE:APH)

APHRIA INC-TS (TSE:APH) – Equities researchers at Seaport Global Securities reduced their FY2019 earnings per share (EPS) estimates for APHRIA INC-TS in a note issued to investors on Tuesday, June 11th. Seaport Global Securities analyst B. Hundley now anticipates that the company will earn ($0.22) per share for the year, down from their previous estimate of ($0.20). Seaport Global Securities has a “Buy” rating on the stock. Seaport Global Securities also issued estimates for APHRIA INC-TS’s Q4 2019 earnings at ($0.09) EPS, Q1 2020 earnings at ($0.08) EPS, Q2 2020 earnings at ($0.07) EPS, Q3 2020 earnings at ($0.03) EPS and FY2020 earnings at ($0.18) EPS.

APHRIA INC-TS (TSE:APH) last released its quarterly earnings results on Monday, April 15th. The company reported C($0.20) earnings per share for the quarter, missing the consensus estimate of C($0.05) by C($0.15). The firm had revenue of C$73.58 million during the quarter, compared to analysts’ expectations of C$54.45 million.

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Earnings History and Estimates for APHRIA INC-TS (TSE:APH)

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