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Canopy Growth Corporation (CGC) Reports Q1 Loss, Tops Revenue Estimates

Company FundamentalsCorporate EarningsAnalyst Estimates
Canopy Growth Corporation (CGC) Reports Q1 Loss, Tops Revenue Estimates

Canopy Growth reported a quarterly loss of $0.02 per share, versus the Zacks Consensus Estimate loss of $0.04. The loss also improved versus a year ago loss of $0.14 per share, signaling a narrowing of downside despite remaining unprofitable.

Analysis

Canopy Growth reported a quarterly loss of $0.02 per share, versus the Zacks Consensus Estimate loss of $0.04. The loss also improved versus a year ago loss of $0.14 per share, signaling a narrowing of downside despite remaining unprofitable.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

Ticker Sentiment

CGC0.30

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