Canadian cannabis licensed producer
Aphria Inc. (APHA) (
TSX.APHA) plans to
report its fourth-quarter results early Wednesday. Analysts expect the company to report $146 million in revenue during the three-month period ended May 31
st, with $8.5 million in positive EBITDA.
Cantor Fitzgerald analyst Pablo Zuanic said in a recent note that he expects
the Leamington, Ont.-based LP to beat estimates on the back of continued adult-use cannabis market share gains, while also providing a strong forecast for its upcoming fiscal year.
Shares of Aphria have soared recently, more than doubling since mid-May 2020.
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