Canopy Growth Corporation (CGC) Reports Q2 Loss, Misses Revenue Estimates

Canopy Growth Corporation (CGC) came out with a quarterly loss of $0.95 per share versus the Zacks Consensus Estimate of a loss of$ 0.38. This compares to loss of $1.80 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -150%. A quarter ago, it was expected that this company would post a loss of$ 0.31 per share when it actually produced a loss of $0.37, delivering a surprise of -19.35%.Over the last four quarters, the company has ...