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

SNDL (NASDAQ:SNDL) issued 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 net margin of 12.11% and a negative return on equity of 8.27%.

SNDL Stock Performance

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