Cresco Labs Past Earnings Performance
Past criteria checks 0/6
Cresco Labs's earnings have been declining at an average annual rate of -38.3%, while the Pharmaceuticals industry saw earnings declining at 0.8% annually. Revenues have been growing at an average rate of 36.6% per year.
Key information
-38.3%
Earnings growth rate
-25.8%
EPS growth rate
Pharmaceuticals Industry Growth | 6.0% |
Revenue growth rate | 36.6% |
Return on equity | -42.0% |
Net Margin | -23.2% |
Next Earnings Update | 15 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Cresco Labs makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 756 | -176 | 260 | 0 |
30 Sep 23 | 767 | -339 | 284 | 0 |
30 Jun 23 | 786 | -234 | 296 | 0 |
31 Mar 23 | 806 | -211 | 307 | 0 |
31 Dec 22 | 825 | -212 | 310 | 0 |
30 Sep 22 | 842 | -65 | 295 | 0 |
30 Jun 22 | 848 | -326 | 295 | 0 |
31 Mar 22 | 841 | -318 | 292 | 0 |
31 Dec 21 | 806 | -320 | 276 | 0 |
30 Sep 21 | 750 | -360 | 276 | 0 |
30 Jun 21 | 687 | -73 | 246 | 0 |
31 Mar 21 | 573 | -105 | 215 | 0 |
31 Dec 20 | 463 | -102 | 199 | 0 |
30 Sep 20 | 345 | -76 | 163 | 0 |
30 Jun 20 | 231 | -98 | 145 | 0 |
31 Mar 20 | 168 | -64 | 119 | 0 |
31 Dec 19 | 124 | -43 | 92 | 0 |
30 Sep 19 | 101 | -20 | 77 | 0 |
30 Jun 19 | 78 | -14 | 63 | 0 |
31 Mar 19 | 57 | -12 | 46 | 0 |
31 Dec 18 | 41 | -2 | 31 | 0 |
30 Sep 18 | 28 | 0 | 19 | 0 |
30 Jun 18 | 19 | 1 | 9 | 0 |
31 Mar 18 | 13 | 1 | 7 | 0 |
31 Dec 17 | 10 | -3 | 5 | 0 |
31 Dec 16 | 3 | -8 | 4 | 0 |
Quality Earnings: CRLB.F is currently unprofitable.
Growing Profit Margin: CRLB.F is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CRLB.F is unprofitable, and losses have increased over the past 5 years at a rate of 38.3% per year.
Accelerating Growth: Unable to compare CRLB.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CRLB.F is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (3.7%).
Return on Equity
High ROE: CRLB.F has a negative Return on Equity (-42.01%), as it is currently unprofitable.