Edible Garden AG Inc reports results for the quarter ended June 30 - Earnings Summary
14/08/2025 20:41
Edible Garden AG Inc EDBL.OQ reported a quarterly adjusted loss of $6.58 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-30.25. The lone analyst forecast for the quarter was for a loss of 74 cents per share. Revenue fell 26.3% to $3.15 million from a year ago; analysts expected $4.48 million. Edible Garden AG Inc's reported EPS for the quarter was a loss of $6.58. The company reported a quarterly loss of $4.04 million. Edible Garden AG Inc shares had fallen by 11.6% this quarter and lost 71.1% so far this year. FORECAST CHANGES The mean earnings estimate of analysts was unchanged in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the fishing & farming peer group is also "buy" Wall Street's median 12-month price target for Edible Garden AG Inc is $8.00, about 70.9% above its last closing price of $2.33 This summary was machine generated from LSEG data August 14 at 07:41 p.m. UTC. 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)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Jun. 30 2025 | -0.74 | -6.58 | Missed |
| Mar. 31 2025 | -3.03 | -2.47 | Beat |
| Dec. 31 2024 | -9.00 | -10.34 | Missed |
| Sep. 30 2024 | -10.75 | -16.25 | Missed |
Recent news on Edible Garden AG
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