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Why Is Edible Garden (EDBL) Stock Up 10% Today?
EDBLEdible Garden AG rporated(EDBL) Investor Place·2024-08-14 16:00

Edible Garden (NASDAQ:EDBL) stock is up on Wednesday after the agriculture farming company announced its earnings results for the second quarter of the year. Edible Garden reported diluted earnings per share of -1.21forthequarter.Thatsbetterthanthe1.21 for the quarter. That's better than the -4.21 per share that Wall Street was expecting. It's also a major improvement from the -4.83reportedinthesameperiodoftheyearprior.Unfortunately,itsrevenueof4.83 reported in the same period of the year prior. Unfortunately, its revenue of 4.27 million didn't fare so well. This is worse than the $4.43 million that analy ...