Canopy Gwth Q1 EPS $(0.03) Beats $(0.10) Estimate, Sales $81.165M Miss $84.175M Estimate
Canopy Gwth (TSX:WEED) reported quarterly losses of $(0.03) per share which beat the analyst consensus estimate of $(0.10) by 66.67 percent. This is a 86.36 percent increase over losses of $(0.22) per share from the
Canopy lost less money per share than expected, which is good news—but their total sales fell short of what people predicted. When a company loses less than feared but sells less than hoped, it's a mixed signal worth watching carefully.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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