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EDBL — Edible Garden AG News Story

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Edible Garden AG Inc reports results for the quarter ended June 30 - Earnings Summary

Edible Garden AG Inc reports results for the quarter ended June 30 - Earnings Summary
  • Edible Garden AG Inc EDBL.OQ reported a quarterly adjusted loss of $18.79​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-2,961.00. The lone analyst forecast for the quarter was for a loss of $11.70 per share.

  • Revenue rose 12.8% to $3.55 million from a year ago; analysts expected $3.38 million.

  • Edible Garden AG Inc's reported EPS for the quarter was a loss of $18.79​.

  • The company reported quarterly net income of $3.26 million.

  • Edible Garden AG Inc shares had fallen by 80.6% this quarter and lost 99.4% so far this year.

FORECAST CHANGES

  • 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 $45.00, about 96.3% above its last closing price of $1.67

This summary was machine generated from LSEG data August 14 at 01:30 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 2026

-11.70

-18.79

Missed

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