Canopy Growth (WEED), one of the world’s 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 let’s 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 million, representing an increase of 40.6% from the prior-year quarter of C$107.91 million. Canopy missed earnings estimates in Q3 with a loss of C$2.43 per share coming in worse than analysts' estimates for a loss of C$0.32. Points to Watch The cannabis producer said during its Q3 earnings call that it has strengthened its position in the Canadian recreational cannabis industry, which will probably have boosted Canopy’s Q4 performance. Thanks to the very succ
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running the company itself or is business just good in your particular sector? well, you re correct. we re a public company. we do have to make money. if you look at our share price performance, we rewarded our shareholders for many, many years. our performance is higher than the dow jones or the nasdaq over the one, five-year periods you could look at. we have great products and our products are in demand all over the world and, you know, we work hard to expand and to look for new markets and we introduce new products and when the market is soft, we go out and take market share. how many employees do you have, john? we currently have in our cleveland company, 2,700 employees. how many qualify to be in the program where they won t be laid off? the vast majority of those because as the economy has been very slow we haven t been hiring. we allowed normal attrition to take place and that s one of the ways that we can keep our existing employees busy. your sbusiness has been th