BurgerFi International Inc reports results for the quarter ended in June - Earnings Summary

Burgerfi International

16/08/2023 14:31

* BurgerFi International Inc  BFI.OQ  reported a quarterly
adjusted loss of 24 cents​​ per share for the quarter ended in
June. The lone analyst forecast for the quarter was for a loss
of 21 cents per share.
    * Revenue fell 4.1% to $43.43 million from a year ago;
analysts
expected $45.00 million. 
    * BurgerFi International Inc's reported EPS for the quarter
was a
loss of 24 cents​.
    * 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. 
    * BurgerFi International Inc shares had risen by 10.8% this
quarter and gained 38.1% so far this year.
    * The company reported a quarterly loss of $6 million.
    * Wall Street's median 12-month price target for BurgerFi
International Inc is $3.75 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 16 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.21          -0.24          Missed
 Mar. 31 2023      -0.24          -0.39          Missed
 Dec. 31 2022      -0.22          -1.18          Missed
 Sep. 30 2022      -0.25          -0.15          Beat