Burgerfi International Inc reports results for the quarter ended in March - Earnings Summary

Burgerfi International

16/05/2023 22:01

* Burgerfi International Inc  BFI.OQ  reported a quarterly
adjusted loss of 39 cents​​ per share for the quarter ended in
March. The lone analyst forecast for the quarter was for a loss
of 24 cents per share.
    * Revenue rose 1.8% to $45.73 million from a year ago;
analysts
expected $44.30 million. 
    * Burgerfi International Inc's reported EPS for the quarter
was a
loss of 39 cents​.
    * The mean earnings estimate of analysts had risen by
about 20% 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 6.8% this
quarter and held steady so far this year.
    * The company reported a quarterly loss of $9.15 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 May
16 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.24          -2.72          Missed