Investing.com - SNDL Inc reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
SNDL Inc announced earnings per share of C$-0.0300 on revenue of C$230.5M. Analysts polled by Investing.com anticipated EPS of C$-0.0267 on revenue of C$228.17M.
SNDL Inc shares are down 45% from the beginning of the year, still down 72.24% from its 52 week high of C$9.49 set on November 15, 2021.
SNDL Inc shares gained 1.35% in intra-day trade following the report.
SNDL Inc follows other major Healthcare sector earnings this month
SNDL Inc's report follows an earnings beat by J&J on October 18, who reported EPS of C$2.55 on revenue of C$23.79B, compared to forecasts EPS of C$2.48 on revenue of C$23.36B.
Eli Lilly had beat expectations on November 1 with third quarter EPS of C$1.98 on revenue of C$6.94B, compared to forecast for EPS of C$1.91 on revenue of C$6.91B.
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