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Canopy Growth Corporation (CGC) Reports Q2 Loss, Lags Revenue Estimates
Canopy Growth Corporation (CGC) came out with a quarterly loss of $0.82 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to loss of $0.76 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -203.70%. A quarter ago, it was expected that this company would post a loss of $0.29 per share when it actually produced a loss of $0.23, delivering a surprise of 20.69%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Canopy Growth Corporation, which belongs to the Zacks Medical - Products industry, posted revenues of $58.03 million for the quarter ended September 2019, missing the Zacks Consensus Estimate by 24.73%. This compares to year-ago revenues of $17.85 million.
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https://finance.yahoo.com/news/canopy-gr...03036.html
![[Bild: CGCc1dl1503.png]](https://finviz.com/publish/111419/CGCc1dl1503.png)
Canopy Growth Corporation (CGC) came out with a quarterly loss of $0.82 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to loss of $0.76 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -203.70%. A quarter ago, it was expected that this company would post a loss of $0.29 per share when it actually produced a loss of $0.23, delivering a surprise of 20.69%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Canopy Growth Corporation, which belongs to the Zacks Medical - Products industry, posted revenues of $58.03 million for the quarter ended September 2019, missing the Zacks Consensus Estimate by 24.73%. This compares to year-ago revenues of $17.85 million.
...
https://finance.yahoo.com/news/canopy-gr...03036.html
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