-$0.27 EPS Expected for Canopy Growth Corp. This Quarter Posted by ABMN Staff on Mar 23rd, 2020
-$0.27 EPS Expected for Canopy Growth Corp (NYSE:CGC) This Quarter
Wall Street brokerages expect that Canopy Growth Corp (NYSE:CGC) will post ($0.27) earnings per share for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Canopy Growth’s earnings. The highest EPS estimate is ($0.10) and the lowest is ($0.37). Canopy Growth posted earnings of ($0.67) per share during the same quarter last year, which indicates a positive year over year growth rate of 59.7%. The business is scheduled to report its next quarterly earnings report on Thursday, June 18th.
According to Zacks, analysts expect that Canopy Growth will report full-year earnings of ($3.50) per share for the current fiscal year, with EPS estimates ranging from ($4.17) to ($1.67). For the next financial year, analysts expect that the firm will post earnings of ($0.80) per share, with EPS estimates ranging from ($1.20) to ($0.38). Zacks’ earnings per share calculations are a mean average based on a survey of analysts that that provide coverage for Canopy Growth.