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

Edible Garden (NASDAQ:EDBL) released its earnings results 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 business had revenue of $4.13 million during the quarter, compared to analysts’ expectations 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 Trading Up 20.2%

EDBL opened at $1.15 on Wednesday. The company has a quick ratio of 0.51, a current ratio of 0.80 and a debt-to-equity ratio of 0.24. The stock’s fifty day moving average is $3.15 and its two-hundred day moving average is $9.93. The company has a market capitalization of $678,500.00, a P/E ratio of -0.01 and a beta of 2.18. Edible Garden has a 52 week low of $0.88 and a 52 week high of $62.90.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Edible Garden in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Edible Garden

An institutional investor recently raised its position in Edible Garden stock. Cetera Investment Advisers lifted its position in Edible Garden AG Incorporated (NASDAQ:EDBL) by 861.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,150 shares of the company’s stock after acquiring an additional 86,150 shares during the quarter. Cetera Investment Advisers owned 16.19% of Edible Garden worth $58,000 as of its most recent SEC filing. Institutional investors own 12.99% of the company’s stock.

Edible Garden Company Profile

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.