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

Franchise

10/05/2023 22:02

* Franchise Group Inc  FRG.OQ  reported quarterly adjusted
earnings of 11 cents​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 53 cents per share.
    * Revenue fell 2.7% to $1.10 billion from a year ago;
analysts
expected $1.10 billion. 
    * Franchise Group Inc's reported EPS for the quarter was a
loss of
$3.16​.
    * The mean earnings estimate of analysts had fallen by
about 57.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Franchise Group Inc shares had risen by 6.1% this
quarter and
gained 21.3% so far this year.
    * The company reported a quarterly loss of $108.32 million.
    * Wall Street's median 12-month price target for Franchise
Group
Inc is $35.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.53           0.11           Missed
 Dec. 31 2022      0.21           0.49           Beat
 Sep. 30 2022      0.71           0.59           Missed
 Jun. 30 2022      1.28           1.19           Missed