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SNDL (NASDAQ:SNDL) Issues Quarterly Earnings Results

SNDL logo with Medical background

SNDL (NASDAQ:SNDL - Get Free Report) released its quarterly earnings data on Thursday, May 1st. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.02, Zacks reports. SNDL had a negative return on equity of 8.27% and a negative net margin of 12.11%. The company had revenue of $142.38 million during the quarter, compared to the consensus estimate of $214.60 million.

SNDL Trading Up 0.4 %

Shares of SNDL stock traded up $0.01 during midday trading on Thursday, reaching $1.31. The company had a trading volume of 1,694,965 shares, compared to its average volume of 2,301,305. The stock has a fifty day moving average price of $1.45 and a 200 day moving average price of $1.73. SNDL has a fifty-two week low of $1.26 and a fifty-two week high of $2.93. The firm has a market cap of $342.92 million, a PE ratio of -4.21 and a beta of 3.68. The company has a debt-to-equity ratio of 0.10, a current ratio of 5.61 and a quick ratio of 4.16.

Analysts Set New Price Targets

Separately, ATB Capital raised their price target on shares of SNDL from $3.50 to $4.00 in a research note on Wednesday, March 19th.

View Our Latest Report on SNDL

SNDL Company Profile

(Get Free Report)

SNDL Inc engages in the production, distribution, and sale of cannabis products in Canada. The company operates through Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments segments. It engages in the cultivation, distribution, and sale of cannabis for the adult-use and medical markets; sells wines, beers, and spirits through wholly owned liquor stores; and private sale of recreational cannabis through wholly owned and franchised retail cannabis stores.

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Earnings History for SNDL (NASDAQ:SNDL)

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