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Cannabis stocks have underperformed broader equity markets. However, we can expect a strong performance from select cannabis stocks in this year’s second half.
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Analysts expect Altria to report revenues of $5.08 billion in the second quarter of 2020—a fall of 2.2% from $5.19 billion in the second quarter of 2019.
Yesterday, Chipotle Mexican Grill reported impressive second-quarter earnings. Driven by strong digital sales, the company posted revenue of $1.36 billion.
McDonald’s is set to report its second-quarter earnings before the market opens on July 28. Let’s look at analysts’ expectations for the quarter.
Today, OrganiGram Holdings (NASDAQ:OGI) reported its third-quarter earnings. As expected, the results were disappointing.