Canopy Growth Corporation (CGC) Reports Q4 Loss, Lags Revenue Estimates

Canopy Growth Corporation (CGC) came out with a quarterly loss of $0.94 per share versus the Zacks Consensus Estimate of a loss of$ 0.10. This compares to loss of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -840%. A quarter ago, it was expected that this company would post a loss of$ 0.48 per share when it actually produced a loss of $0.76, delivering a surprise of -58.33%.Over the last four quarters, the company has ...