Canopy Growth Corporation (CGC) Reports Q2 Loss, Misses Revenue Estimates [Yahoo! Finance]
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: Yahoo! Finance
This compares to loss of $1.80 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -150%. A quarter ago, it was expected that this company would post a loss of $0.31 per share when it actually produced a loss of $0.37, delivering a surprise of -19.35%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Canopy Growth , which belongs to the Zacks Medical - Products industry, posted revenues of $46.18 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 1.42%. This compares to year-ago revenues of $51.88 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Canopy Growth shares have lost ab
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CGC
News
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- Canopy Growth Launches Claybourne Infused Pre-Rolls in Canada [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
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CGC
Earnings
- 11/8/24 - Miss
CGC
Sec Filings
- 11/8/24 - Form 8-K
- 11/8/24 - Form 10-Q
- 10/17/24 - Form 8-K
- CGC's page on the SEC website