Canopy Growth Corp <WEED.TO> expected to post a loss of 52 cents a share - Earnings Preview
Canopy Growth Corp WEED.TO is expected to show a fall in quarterly revenue when it reports results on May 30 for the period ending March 31 2025
The Smiths Falls Ontario-based company is expected to report a 15.7% decrease in revenue to C$70.133 million from C$83.15 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
LSEG's mean analyst estimate for Canopy Growth Corp is for a loss of 52 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Canopy Growth Corp is $4.76, above its last closing price of $1.70.
Previous quarterly performance (using preferred earnings measure in Canadian dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | -0.56 | -0.56 | -1.11 | Missed | -97.5 |
Sep. 30 2024 | -0.37 | -0.38 | -1.48 | Missed | -289.1 |
Jun. 30 2024 | -0.47 | -0.46 | -1.60 | Missed | -249.4 |
Mar. 31 2024 | -0.59 | -0.45 | -1.03 | Missed | -130.3 |
Dec. 31 2023 | -0.57 | -0.50 | -2.62 | Missed | -428.7 |
Sep. 30 2023 | -1.71 | -1.68 | -4.30 | Missed | -156.4 |
Jun. 30 2023 | -1.69 | -1.71 | -0.70 | Beat | 59 |
Mar. 31 2023 | -1.91 | -1.99 | -12.80 | Missed | -541.7 |
This summary was machine generated May 28 at 12:37 GMT. All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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