Canopy Growth Earnings Preview: Here’s What to Watch Out For
Canopy Growth (WEED), one of the worlds largest cannabis companies, will report its Q4 earnings on June 1 before the opening bell. Over the past year, the pot stock has gained approximately 40% and is currently trading around C$30. Strong earnings could boost WEED shares, so lets have a look at what analysts are expecting.
Analysts on average expect Canopy Growth to post an adjusted loss of C$0.26 per share in Q4 2021, compared to an adjusted loss of C$1.55 in Q4 2020. The estimated revenue is C$151.77…
