Carrols Restaurant Group Inc expected to post earnings of 2  cents a share - Earnings Preview

Carrols Restaurant

08/08/2023 19:22

* Carrols Restaurant Group Inc  TAST.OQ   TAST.O  is
expected
to show a rise in quarterly revenue when it reports  results on
August 10. 
    * The Syracuse New York-based  company is expected to report
 a
7.5% increase in revenue to $475.231 million from $441.95
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Carrols Restaurant
Group
Inc is for earnings of 2 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "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 $6.5​, above​ its last closing price
of $5.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.20       -0.26      0.00      Beat    100
 Dec. 31 2023  -0.20       -0.21      -0.05     Beat    76.2
 Sep. 30 2022  -0.21       -0.20      -0.14     Beat    30​
 Jun. 30 2022  -0.18       -0.12      -0.18     Missed  -44
 ​​Mar.        -0.35       -0.35      -0.34     Beat    4.2
 31 2022                                                
 Dec. 31 2021  -0.25       -0.25      -0.15     Beat    39.4​
 Sep. 30 2021  -0.20       -0.15      -0.16     Missed  -3.9
 Jun. 30 2021  0.10        0.09       0.00      Missed  -100
 This summary was machine generated August 8 at 18:22 GMT.  All
figures in US dollars  unless otherwise stated