Fiesta Restaurant Group Inc expected to post a loss of 9  cents a share - Earnings Preview

Fiesta Restaurant

08/03/2022 24:24

* Fiesta Restaurant Group Inc  FRGI.OQ   FRGI.O  is expected
to show a fall in quarterly revenue when it reports  results on
March 9. 
    * The Dallas Texas-based  company is expected to report  a
40.6% decrease in revenue to $88.477 million from $148.9 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Fiesta Restaurant
Group
Inc is for a loss of 9 cents per share. For the same quarter
last year, the company reported earnings of 7 cents per share.
    * The current average analyst rating on the shares is
"strong 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 Fiesta
Restaurant
Group Inc is $17.5​, about 49.1% above​ its last closing price
of $8.91. ​​​

This summary was machine generated March 8 at 00:24 GMT.  All
figures in US dollars  unless otherwise stated