Investing.com - Edible Garden reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Edible Garden announced earnings per share of $-0.24 on revenue of $2.8M. Analysts polled by Investing.com EPS of $-0.26 on revenue of $2.6M.
Edible Garden 's are down 4.96% and is trading at $0.43 , still down 85.67% from its 52 week high of $3.00 set on Thursday, May 5, 2022.
Edible Garden shares gained 6.72% to trade at $0.43 in intra-day trade the report.
Edible Garden follows other major Consumer Staples sector earnings this month
Edible Garden's report follows an earnings beat by Procter&Gamble on Wednesday, October 19, 2022, who reported EPS of $1.57 on revenue of $20.61B, EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $0.69 on revenue of $11.06B, for EPS of $0.6388 on revenue of $10.53B.
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