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

Canopy Growth Corporation (CGC) came out with a quarterly loss of $0.37 per share versus the Zacks Consensus Estimate of a loss of$ 0.31. This compares to loss of $0.40 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -19.35%. A quarter ago, it was expected that this company would post a loss of$ 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 ...