HEXO (HEXO) Stock Price, News & Analysis

HEXO Corp. (NYSE:HEXO) released its earnings results on Tuesday, December, 14th. The company reported ($5.04) earnings per share for the quarter, missing the consensus estimate of ($1.12) by $3.92. The company had revenue of $39.75 million for the quarter, compared to analysts' expectations of $45.36 million. HEXO had a negative net margin of 235.33% and a negative trailing twelve-month return on equity of 74.04%. During the same quarter last year, the firm posted ($0.56) earnings per share.

Shares of HEXO reverse split before market open on Monday, December 19th 2022. The 1-14 reverse split was announced on Monday, December 19th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Monday, December 19th 2022. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

11 employees have rated HEXO Chief Executive Officer Sebastien St. Louis on Glassdoor.com. Sebastien St. Louis has an approval rating of 63% among the company's employees. This puts Sebastien St. Louis in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other HEXO investors own include Cronos Group (CRON), Walt Disney (DIS), GSK (GSK), Summit Hotel Properties (INN), Kensington Capital Acquisition Corp. II (KCAC), Kosmos Energy (KOS), Micron Technology (MU) and NIO (NIO).