Edible Garden (NASDAQ:EDBL) Releases Quarterly Earnings Results, Misses Estimates By $19.21 EPS

Edible Garden (NASDAQ:EDBL) released its quarterly earnings data on Tuesday. The company reported ($24.81) earnings per share for the quarter, missing analysts’ consensus estimates of ($5.60) by ($19.21), FiscalAI reports. The firm had revenue of $4.13 million during the quarter, compared to analyst estimates of $5.42 million. Edible Garden had a negative return on equity of 1,078.80% and a negative net margin of 115.44%.

Here are the key takeaways from Edible Garden’s conference call:

• Distribution expanded to nearly 6,000 store locations, with management reporting incremental placement of more than 700 stores in Q4 across Kroger, Safeway, Wakefern and others, signaling stronger retail traction and shelf presence.
• Company is pivoting toward higher‑margin CPG and ready‑to‑drink (RTD) products, announcing an RTD manufacturing initiative at its Midwest facility with Tetra Tech to capture a large, fast‑growing market opportunity.
• Q4 showed a $1.2 million gross loss and full‑year revenue declined to $12.8M (from $13.9M) as management absorbed elevated onboarding costs and exited low‑margin floral/lettuce lines; SG&A also rose materially due to the Natural Shrimp acquisition and deal‑related costs.
• Management projects improved profitability mix, guiding to a blended company margin in the low‑double digits to mid‑teens long term and forecasting RTD margins in the ~20%–30% range as scale and shelf‑stable products ramp.
• The Midwest RTD buildout is described as “significant” CapEx with a target commercial timeline toward the end of 2027 and potential state/local incentives, but exact costs and timing remain unspecified.

Edible Garden Stock Performance

Shares of EDBL opened at $1.07 on Thursday. Edible Garden has a one year low of $0.88 and a one year high of $62.90. The stock’s fifty day moving average is $3.05 and its 200-day moving average is $9.86. The firm has a market capitalization of $631,300.00, a price-to-earnings ratio of -0.01 and a beta of 2.40.

Hedge Funds Weigh In On Edible Garden

An institutional investor recently raised its position in Edible Garden stock. Cetera Investment Advisers grew its stake in shares of Edible Garden AG Incorporated (NASDAQ:EDBL) by 861.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 96,150 shares of the company’s stock after buying an additional 86,150 shares during the quarter. Cetera Investment Advisers owned about 16.19% of Edible Garden worth $58,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 12.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Edible Garden in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

About Edible Garden

Edible Garden AG, trading on the Nasdaq under the ticker EDBL, is a technology-enabled agriculture company specializing in the design, construction and operation of hydroponic greenhouse farms. By leveraging controlled-environment agriculture techniques and proprietary automation systems, the company produces a range of leafy greens and salad‐related vegetables, including branded Salanova products, for wholesale distribution to retailers, food service operators and distributors.

In addition to farm ownership and produce cultivation, Edible Garden develops and licenses its modular greenhouse technology and cultivation methods to third parties.