Canopy Growth: Q4 Earnings Insights

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Canopy Growth CGC reported its Q4 earnings results on Thursday, June 22, 2023 at 05:00 PM.

Here's what investors need to know about the announcement.

Earnings

Canopy Gwth missed estimated earnings by 60.0%, reporting an EPS of $-0.24 versus an estimate of $-0.15.

Revenue was down $15.61 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.23 which was followed by a 0.05% drop in the share price the next day.

Here's a look at Canopy Gwth's past performance:

 

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.17 -0.20 -0.22 -0.25
EPS Actual -0.40 -0.36 -0.71 -1.15
Revenue Estimate 86.85M 83.73M 87.77M 101.98M
Revenue Actual 84.39M 90.36M 86.29M 88.21M

To track all earnings releases for Canopy Gwth visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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