Carrols Restaurant Group Inc expected to post a loss of 21 cents a share - Earnings Preview

Carrols Restaurant

24/02/2023 19:33

* Carrols Restaurant Group Inc  TAST.OQ   TAST.O  is
expected
to show a rise in quarterly revenue when it reports  results on
February 28. 
    * The Syracuse New York-based  company is expected to report
 a
6.2% increase in revenue to $438.687 million from $413.13
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Carrols Restaurant
Group
Inc is for a loss of 21 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Carrols
Restaurant Group Inc is $3​, above​ its last closing price
of $1.95. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.21       -0.20      -0.14     Beat    30
 Jun. 30 2022  -0.18       -0.12      -0.18     Missed  -44
 Mar. 31 2022  -0.35       -0.35      -0.34     Beat    4.2​
 Dec. 31 2021  -0.25       -0.25      -0.15     Beat    39.4
 ​​Sep.        -0.20       -0.15      -0.16     Missed  -3.9
 30 2021                                                
 Jun. 30 2021  0.10        0.09       0.00      Missed  -100​
 Mar. 31 2021  -0.22       -0.19      -0.13     Beat    32.8
 Dec. 31 2020  0.02        0.02       0.00      Missed  -100
 This summary was machine generated February 24 at 19:33 GMT. 
All figures in US dollars  unless otherwise stated