Canopy Growth Corporation (CGC) Reports Q1 Loss, Lags Revenue Estimates
CGCCanopy Growth(CGC) ZACKS·2024-08-09 22:46

Canopy Growth Corporation (CGC) came out with a quarterly loss of 0.37pershareversustheZacksConsensusEstimateofalossof0.37 per share versus the Zacks Consensus Estimate of a loss of 0.31. This compares to loss of 0.40pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof19.350.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -19.35%. A quarter ago, it was expected that this company would post a loss of 0.33 per share when it actually produced a loss of $0.28, delivering a surprise of 15.15%.Over the last four quarters, the company ha ...