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HEXO Future Growth
Future criteria checks 0/6
We currently don't have sufficient analyst coverage to forecast growth and revenue for HEXO.
Key information
83.6%
Earnings growth rate
85.0%
EPS growth rate
| Pharmaceuticals earnings growth | 19.7% |
| Revenue growth rate | -0.7% |
| Future return on equity | n/a |
| Analyst coverage | Low |
| Last updated | 22 Jun 2023 |
Recent future growth updates
Recent updates
Hexo to produce Mike Tyson's cannabis brand's products in Canada
Aug 30Canopy Growth, Tilray other Canadian cannabis names up amid WallStreetBets chatter
Aug 17HEXO receives additional 180 calendar day grace period for regaining compliance
Jul 28HEXO wins shareholder approval for note transaction with Tilray
Jul 05HEXO: Undervalued, But With Certain Dilution Risks
Apr 28HEXO Q1 Earnings: Not A Great Path Forward
Dec 14Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 7/31/2025 | 121 | -19 | 48 | 40 | 2 |
| 7/31/2024 | 108 | -24 | 35 | 23 | 2 |
| 7/31/2023 | 103 | -198 | -4 | 16 | 2 |
| 4/30/2023 | 124 | -273 | -48 | -39 | N/A |
| 1/31/2023 | 148 | -301 | -63 | -48 | N/A |
| 10/31/2022 | 177 | -1,013 | -101 | -89 | N/A |
| 7/31/2022 | 191 | -1,074 | -151 | -117 | N/A |
| 4/30/2022 | 187 | -1,042 | -181 | -127 | N/A |
| 1/31/2022 | 164 | -918 | -169 | -121 | N/A |
| 10/31/2021 | 144 | -228 | -148 | -93 | N/A |
| 7/31/2021 | 124 | -115 | -75 | -43 | N/A |
| 4/30/2021 | 112 | -214 | -41 | -18 | N/A |
| 1/31/2021 | 112 | -213 | -66 | -23 | N/A |
| 10/31/2020 | 96 | -491 | -133 | -66 | N/A |
| 7/31/2020 | 81 | -546 | -204 | -95 | N/A |
| 4/30/2020 | 69 | -423 | -307 | -174 | N/A |
| 1/31/2020 | 60 | -411 | -324 | -175 | N/A |
| 10/31/2019 | 56 | -117 | -299 | -138 | N/A |
| 7/31/2019 | 48 | -70 | -266 | -125 | N/A |
| 4/30/2019 | 34 | -35 | -182 | -55 | N/A |
| 1/31/2019 | 22 | -30 | -155 | -51 | N/A |
| 10/31/2018 | 9 | -34 | -110 | -42 | N/A |
| 7/31/2018 | 5 | -23 | -70 | -22 | N/A |
| 4/30/2018 | 4 | -12 | -39 | -13 | N/A |
| 1/31/2018 | 4 | -22 | -22 | -10 | N/A |
| 10/31/2017 | 4 | -14 | -14 | -6 | N/A |
| 7/31/2017 | 4 | -12 | -9 | -5 | N/A |
| 4/30/2017 | 4 | -15 | -8 | -4 | N/A |
| 1/31/2017 | 4 | -3 | N/A | -4 | N/A |
| 10/31/2016 | 3 | -3 | N/A | -3 | N/A |
| 7/31/2016 | 2 | -3 | N/A | -3 | N/A |
| 7/31/2015 | 0 | -3 | N/A | -2 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HEXO is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: HEXO is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: HEXO is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: HEXO's revenue is expected to decline over the next 3 years (-0.7% per year).
High Growth Revenue: HEXO's revenue is forecast to decline over the next 3 years (-0.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HEXO's Return on Equity is forecast to be high in 3 years time
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/06/23 17:54 |
| End of Day Share Price | 2023/06/22 00:00 |
| Earnings | 2023/04/30 |
| Annual Earnings | 2022/07/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
HEXO Corp. is covered by 23 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Aaron Grey | Alliance Global Partners |
| David Kideckel | ATB Capital Markets |
| Doug Cooper | Beacon Securities Limited |