Canopy Growth: Q4 Earnings Insights

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.

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.

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.

Earnings Calendar