SNDL (NASDAQ:SNDL) Announces Earnings Results, Misses Expectations By $0.18 EPS

SNDL (NASDAQ:SNDL) released its quarterly earnings results on Tuesday. The company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.18), Zacks reports. SNDL had a negative net margin of 12.11% and a negative return on equity of 8.27%.

SNDL Trading Up 2.6 %

SNDL stock opened at $1.55 on Tuesday. The business has a fifty day moving average price of $1.73 and a 200 day moving average price of $1.89. SNDL has a fifty-two week low of $1.38 and a fifty-two week high of $2.93. The stock has a market capitalization of $407.30 million, a price-to-earnings ratio of -5.00 and a beta of 3.39. The company has a debt-to-equity ratio of 0.10, a current ratio of 5.61 and a quick ratio of 4.16.

SNDL Company Profile

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.