Canopy Growth's Q4 Report: 5 Numbers You'll Want to Know

A big day is approaching for marijuana stock investors. On Friday, May 29, before the opening bell, Canadian licensed producer Canopy Growth (NYSE: CGC) is set to release its fiscal fourth-quarter and full-year operating results. Being the largest pure-play pot stock by market cap, Canopy's results have a lot of sway within the cannabis industry.

According to Wall Street's consensus estimate, Canopy Growth is expected to deliver $130 million Canadian ($92.9 million U.S.) in sales, representing year-on-year growth of 38%, with a projected loss of CA$0.40 per share, which would be narrower than the CA$0.98 per-share loss in the year-ago period. For what it's worth, Canopy's loss was narrower than expected in the sequential third quarter, but substantially larger-than-expected in each of the three quarters before Q3 2020.

While there's no question that Wall Street and investors will be focused on these top-line numbers, there's going to be much more of interest than just its total sales and loss per share. Here are the five numbers investors should really home in on.

Source Fool.com