Wendy's Co reports results for the quarter ended December 31 - Earnings Summary

Reuters
13 Feb
Wendy's Co reports results for the quarter ended December 31 - Earnings Summary
  • Wendy's Co WEN.OQ reported quarterly adjusted earnings of 25 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 21 cents. The mean expectation of twenty six analysts for the quarter was for earnings of 24 cents per share. Wall Street expected results to range from 21 cents to 26 cents per share.

  • Revenue rose 6.2% to $574.27 million from a year ago; analysts expected $563.64 million.

  • Wendy's Co's reported EPS for the quarter was 23 cents​.

  • The company reported quarterly net income of $47.5 million.

  • Wendy's Co shares had fallen by 12.8% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​

  • In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy," 20 "hold" and 3 "sell" or "strong sell."

  • The average consensus recommendation for the restaurants & bars peer group is also "hold"

Wall Street's median 12-month price target for Wendy's Co is $17.00

This summary was machine generated from LSEG data February 13 at 02:31 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

Dec. 31 2024

0.24

0.25

Beat

Sep. 30 2024

0.25

0.25

Met

Jun. 30 2024

0.28

0.27

Missed

Mar. 31 2024

0.21

0.23

Beat

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