Carrols Restaurant Group Inc reports results for the quarter ended in June - Earnings Summary

Carrols Restaurant

10/08/2023 16:03

* Carrols Restaurant Group Inc  TAST.OQ  reported quarterly
adjusted earnings of 27 cents​​ per share for the quarter ended
in June. The mean expectation of four analysts for the quarter
was for earnings of 2 cents per share.
    * Revenue rose 9.8% to $485.22 million from a year ago;
analysts
expected $475.23 million. 
    * Carrols Restaurant Group Inc's reported EPS for the
quarter was
23 cents​.
    * The mean earnings estimate of analysts had risen by
about 170%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Carrols Restaurant Group Inc shares had risen by 22.8%
this
quarter and gained 355.1% so far this year.
    * The company reported quarterly net income of $14.95
million.
    * Wall Street's median 12-month price target for Carrols
Restaurant Group Inc is $6.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 03:03 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.02           0.27           Beat
 Mar. 31 2023      -0.26          0.00           Beat
 Dec. 31 2022      -0.21          -0.05          Beat
 Sep. 30 2022      -0.20          -0.14          Beat