Edible Garden AG Inc expected to post a loss of 43 cents a share - Earnings Preview

Edible Garden AG

11/11/2024 15:34

* Edible Garden AG Inc  EDBL.OQ   EDBL.O  is expected
to show a
rise in quarterly revenue when it reports  results on November
13 for the period ending September 30 2024
    * The Belvidere New Jersey-based  company is expected to
report a
12.9% increase in revenue to $3.712 million from $3.29 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Edible Garden AG Inc is
for a
loss of 43 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Edible
Garden AG
Inc is $12.00​, above​ its last closing price of $0.17. ​​​

This summary was machine generated November 11 at 15:33 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)