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Stock impact report

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

Canopy Growth Corporation - Common Shares (CGC) 
The stock's change was less than the S&P 500's daily gain of 0.8%. Elsewhere, the Dow lost 0.16%, while the tech-heavy Nasdaq added 1.63%. The stock of company has risen by 32.58% in the past month, leading the Medical sector's loss of 0.32% and the S&P 500's gain of 8.11%. The investment community will be closely monitoring the performance of Canopy Growth Corporation in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be -$0.06, reflecting a 93.62% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $53.26 million, up 17.56% from the year-ago period. For the full year, the Zacks Consensus Estimates project earnings of -$0.36 per share and a revenue of $210.58 million, demonstrating changes of +87.92% and +8.94%, respectively, from the preceding year. Any recent changes to analyst estimates for Canopy Growth Corporation should also be noted by investors. These revision Show less Read more
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