FAT Brands Inc reports results for the quarter ended in September - Earnings Summary

Fat Brands

26/10/2023 22:41

* FAT Brands Inc  FAT.OQ  reported a quarterly adjusted loss
of
$1.59​​ per share for the quarter ended in September. The mean
expectation of two analysts for the quarter was for a loss of
$1.28 per share.
    * Revenue rose 6% to $109.37 million from a year ago;
analysts
expected $106.90 million. 
    * FAT Brands Inc's reported EPS for the quarter was a loss
of
$1.59​.
    * The mean earnings estimate of analysts had risen by
about 17.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * FAT Brands Inc shares had fallen by 9.9% this quarter and
gained 19.5% so far this year.
    * The company reported a quarterly loss of $26.45 million.
    * Wall Street's median 12-month price target for FAT Brands
Inc is
$20.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 09:40 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -1.28          -1.59          Missed
 Jun. 30 2023      -1.57          -0.53          Beat
 Mar. 31 2023      -1.04          -1.95          Missed
 Dec. 31 2022      -0.99          -3.41          Missed