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SNDL Shares Fall After Q2 Results Miss Estimates
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SNDL Shares Fall After Q2 Results Miss Estimates
Aug 2, 2024 9:44 AM

12:22 PM EDT, 08/02/2024 (MT Newswires) -- SNDL ( SNDL ) shares tumbled nearly 8% in recent Friday trading after the company reported Q2 net loss of 0.02 Canadian dollars ($0.014) per diluted share, compared with a loss of CA$0.12 a year earlier.

An analyst polled by Capital IQ expected CA$0.00.

Net revenue for the quarter ended June 30 was CA$228.1 million, down from CA$231.9 million a year earlier.

One analyst surveyed by Capital IQ expected CA$240.4 million.

Price: 2.04, Change: -0.18, Percent Change: -7.92

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