5 Things to Know About Canopy Growth's Q3 Report
It's nearly time for the biggest cannabis stock on the planet by market cap, Canopy Growth (NYSE: CGC), to deliver its fiscal third-quarter operating results. According to the company's upcoming investor events, its Q3 results, which encompass its operating activity through the end of December, are due to be released on Valentine's Day, Feb. 14.
Wall Street will be looking for Canopy Growth to report $104.2 million Canadian in sales ($78.4 million U.S.), representing 25% year-on-year growth, with a net loss of CA$0.48 per share, which would be modestly wider than the CA$0.38 per share loss recorded in Q3 2019.
But the fact is that there's much more pot stock investors need to be aware of than just Canopy Growth's headlines figures. Here are five things you'll want to know and/or should expect as the largest weed stock in the world gets ready to report.
Source Fool.com
