FAT Brands Inc expected to post a loss of $1.44 a share - Earnings Preview

Fat Brands

30/07/2024 15:07

* FAT Brands Inc  FAT.OQ   FAT.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 31 for the
period ending June 30 2024
    * The Beverly Hills California-based  company is expected to
report a 44.7% increase in revenue to $154.475 million from
$106.76 million a year ago, according to the mean estimate from
2 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for FAT Brands Inc is for a
loss
of $1.44 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 FAT Brands
Inc is
$20.00​, above​ its last closing price of $5.63. ​​​

This summary was machine generated July 30 at 14:07 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)