Canopy Gwth (NASDAQ: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.
