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

Carrols Restaurant

11/05/2023 14:32

* Carrols Restaurant Group Inc  TAST.OQ  reported quarterly
breakeven results​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was for a
loss of 26 cents per share.
    * Revenue rose 11.4% to $445.16 million from a year ago;
analysts
expected $423.43 million. 
    * Carrols Restaurant Group Inc's reported EPS for the
quarter was
1 cent​.
    * The mean earnings estimate of analysts had risen by
about 27.1%
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 95.5%
this
quarter and gained 220.6% so far this year.
    * The company reported quarterly net income of $864
thousand.
    * Wall Street's median 12-month price target for Carrols
Restaurant Group Inc is $4.00 
    * 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 May
11 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.26          0.00           Beat
 Dec. 31 2022      -0.21          -0.05          Beat
 Sep. 30 2022      -0.20          -0.14          Beat
 Jun. 30 2022      -0.12          -0.18          Missed