NASDAQ$CGC

Canopy Growth Corp · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

CGC Q3 2024 — $78.5M revenue, 1.00 EPS

Company's operations across multiple geographies, the majority of its operations are conducted in Canadian dollars and its financial results are prepared and reviewed internally by management in Canad. Canopy Growth Corp reported Q3 2024 results. Diluted EPS came in at $1.00. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $78.5M.
  • Diluted EPS: $1.00.
  • Filed on Form 10-Q (accession 0000950170-24-013047).

Headline financials

Total Revenue

C$78.5M

Previous: C$101M-22.4%
EPS (adj)

-C$2.04

Previous: -C$4.00+49.0%
Capital Expenditures

-C$3.2M

Previous: -C$6.18M+48.2%
Free Cash Flow

-C$263M

Previous: -C$424M+37.9%
Net Income

-C$217M

Previous: -C$262M+17.1%
Operating Income

-C$60.3M

Previous: -C$154M+60.8%
Gross Profit

C$28.2M

Previous: -C$2.44M+1256.3%
Cash & Equivalents

C$143M

Previous: C$598M-76.1%
Total Assets

C$1.36B

Previous: C$3.02B-55.0%
R&D Expense

C$963K

No prior period
Stock-Based Comp

C$3.69M

Previous: C$6.06M-39.0%

Revenue & EPS history

Canopy Growth · Revenue · Quarterly

C$78.5M

Q3 2024-22.4%vs Q3 2023
Beat estimate in 11 of 13 quarters(85%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

-1.0%

Avg return

Earnings day

+0.5%

Avg return

5 days after

-2.6%

Avg return

30 days after

47%

23 / 49 earnings

Positive

+25.6%

Q1 2019

Best reaction

-27.3%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+0.0%-3.7%
Q3 2026+1.9%-0.9%-0.9%
Q2 2026+7.5%+9.2%+5.5%
Q1 2026+19.6%+56.2%+39.0%
Q4 2025-23.7%-24.0%-28.7%
Q3 2025-27.3%-35.6%-57.9%
Q2 2025-11.2%-13.4%-20.9%
Q1 2025-8.2%-1.2%-35.3%
Q4 2024+2.2%+4.4%-25.4%
Q3 2024-7.5%-14.4%-25.8%
Q2 2024-10.3%-8.4%+37.7%
Q1 2024-7.9%-15.1%+98.7%
Q4 2023-13.7%-21.0%-35.5%
Q3 2023-16.8%-15.3%-25.2%
Q2 2023+19.1%+32.5%-10.3%
Q1 2023+13.5%+13.8%+19.7%
Q4 2022-10.5%-15.1%-32.1%
Q3 2022+14.8%+9.5%-20.9%
Q2 2022-2.1%-1.1%-24.7%
Q1 2022-0.2%-1.4%-11.3%
Q4 2021-2.0%-7.1%-8.2%
Q3 2021+18.9%-8.1%-21.9%
Q2 2021+0.9%+4.0%+15.7%
Q1 2021+1.9%+3.4%-1.6%
Q4 2020-24.1%-23.7%-26.6%
Q3 2020+12.4%+11.5%-44.0%
Q2 2020-17.1%-17.2%+11.8%
Q1 2020-20.1%+7.2%-16.0%
Q4 2019-6.1%-7.0%-17.0%
Q3 2019+3.3%+0.7%-0.3%
Q2 2019-8.2%-14.8%-19.6%
Q2 2018+0.4%-2.4%-24.3%
Q1 2019+25.6%+52.5%+91.7%
Q4 2018-1.0%-0.5%-17.1%
Q3 2017+9.4%+15.8%+4.6%
Q2 2017+5.2%+17.3%+38.4%
Q1 2017+1.9%+1.0%+19.5%
Q4 2017-2.6%-4.4%-14.9%
Q3 2016+2.6%+9.7%+9.6%
Q2 2016+6.1%+24.8%+54.3%
Q1 2016+4.0%+4.0%+16.6%
Q4 2015+0.8%
Q3 2015-1.8%
Q2 2015+7.5%
Q1 2015-0.7%
Q4 2014+0.8%
Q3 2014-2.5%
Q2 2014-5.5%
Q1 2014-0.4%
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010
Q4 2009
Q3 2009

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