10 Figures in Canopy Growth's First-Quarter Report You'll Want to Know
The big day is nearly here, at least for cannabis investors. On Thursday morning, Aug. 15, Canopy Growth (NYSE: CGC), the largest marijuana stock in the world by market cap, will report its first-quarter operating results for fiscal 2020.
According to the 10 Wall Street analysts currently offering quarterly estimates, Canopy's consensus is for 109.2 million Canadian dollars in gross sales (ranging from a low of CA$96.8 million to a high of CA$124.7 million), and a net loss of CA$0.38 per share. For what it's worth, Canopy Growth's net loss has more than doubled Wall Street's consensus loss estimate in each of the past four quarters.
But there's far more to Canopy's upcoming first-quarter results than simply headline numbers. Although these figures are important, there are a combination of 10 numbers investors should be eyeing when Canopy Growth delivers its results.
Source Fool.com
