SNDL (NASDAQ:SNDL) Posts Quarterly Earnings Results, Misses Estimates By $0.18 EPS

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

SNDL Stock Up 2.6 %

NASDAQ:SNDL opened at $1.55 on Tuesday. SNDL has a 12-month low of $1.38 and a 12-month high of $2.93. The company has a quick ratio of 4.16, a current ratio of 5.61 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $407.30 million, a P/E ratio of -5.00 and a beta of 3.39. The stock’s fifty day simple moving average is $1.73 and its 200-day simple moving average is $1.89.

About SNDL

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.