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Stock impact report

Canopy Growth Corporation (CGC) Outpaces Stock Market Gains: What You Should Know [Yahoo! Finance]

Canopy Growth Corporation - Common Shares (CGC) 
Company Research Source: Yahoo! Finance
This change outpaced the S&P 500's 0.79% gain on the day. Elsewhere, the Dow saw an upswing of 1.01%, while the tech-heavy Nasdaq appreciated by 1.15%. The company's stock has dropped by 3.65% in the past month, falling short of the Medical sector's gain of 3.99% and the S&P 500's gain of 1.27%. The investment community will be closely monitoring the performance of Canopy Growth Corporation in its forthcoming earnings report. In that report, analysts expect Canopy Growth Corporation to post earnings of -$0.11 per share. This would mark year-over-year growth of 88.42%. Simultaneously, our latest consensus estimate expects the revenue to be $52.34 million, showing a 13.34% escalation compared to the year-ago quarter. For the full year, the Zacks Consensus Estimates are projecting earnings of -$0.5 per share and revenue of $219.38 million, which would represent changes of +83.22% and +13.49%, respectively, from the prior year. It is also important to note the recent changes to an Show less Read more
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CGC
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