Canopy Growth Corporation (CGC) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
CGCCanopy Growth(CGC) ZACKS·2024-08-02 23:01

The market expects Canopy Growth Corporation (CGC) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 9, 2024, might help the stock move higher if these key n ...