Post by
stocktradinguru on Aug 06, 2020 7:07pm
Checked Yahoo Finance
For earnings estimates---low is $67 and high of $105 million aprox...
I have no clue what the earnings will be, but it seems they will not be close to APHA's $159 million for the quarter.
Now Weed moves in another direction---which likely means they cannot make the desired sales and earning growth on the current blue print.
Earnings announced on August 10th.
There could be a "sh-t strom" if earnings are low---like $69 million for the quarter.
I don't own any Canopy at this time, because in my view, this stock is way overvalued and has too much debt.
Aphria is a better buy!!!
Lets see what happens..
Comment by
provester on Aug 06, 2020 7:54pm
I think they mentioned that they pivoted to address missed opportunities in their previous er and presentation. Btw, the $159 was their annual revenue.
Comment by
WebSwinger on Aug 06, 2020 9:25pm
Fake news!!! Aphria and Cronos financial results are what pulled Canopy's stock down from recent highs. That's right, the crash started right after Aphria results. Just wait and see what happens to Canopy over the next year. It will be amazing. I Hope Aphria does decent too. To the moon!!!
Comment by
Bestbuy8888 on Aug 07, 2020 8:35am
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