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

Canopy Growth Corporation (CGC) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.33. This compares to loss of $2.30 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 15.15%. A quarter ago, it was expected that this company would post a loss of $0.45 per share when it actually produced a loss of $1.79, delivering a surprise of -297.78%. Over the last four quarters, the company ...