* GEN Restaurant Group Inc reported quarterly adjusted earnings of 1 cent per share for the quarter , lower than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of three analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -1 cents tozero cents per share.
* Revenue rose 7.8% to $49.11 million from a year ago; analysts expected $49.84 million.
* GEN Restaurant Group Inc's reported EPS for the quarter was 1 cent.
* The company reported quarterly net income of $25 thousand.
* GEN Restaurant Group Inc shares had risen by 15.5% this quarter and gained 24.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the restaurants & bars peer group is also "buy"
Wall Street's median 12-month price target for GEN Restaurant Group Inc is $13.50 This summary was machine generated from LSEG data November 12 at 11:26 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.01 0.01 Beat
Jun. 30 2024 0.03 0.06 Beat
Mar. 31 2024 0.01 0.11 Beat
Dec. 31 2023 0.03 -0.01 Missed
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