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GENK GEN Restaurant News Story

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GEN Restaurant Group Inc expected to post a loss of 3 cents a share - Earnings Preview

GEN Restaurant Group Inc GENK.OQ GENK.O is expected to show a rise in quarterly revenue when it reports  results on March 6 for the period ending December 31 2024

The Cerritos California-based  company is expected to report a 10.3% increase in revenue to $49.771 million from $45.11 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for GEN Restaurant Group Inc is for a loss of 3 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "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. ‚Äč

Wall Street's median 12-month price target for GEN Restaurant Group Inc is $13.50‚Äč, above‚Äč its last closing price of $5.67. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDINGSTARMINESMARTESTIMATE¬ģLSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Sep. 30 2024-0.01-0.010.01Beat249.9
Jun. 30 20240.030.030.06Beat125
Mar. 31 20240.010.010.11Beat1,000‚Äč
Dec. 31 20230.030.03-0.01Missed-133.3
‚Äč‚ÄčSep. 30 20230.070.070.08Beat20
Jun. 30 20230.100.100.00Missed-100‚Äč
This summary was machine generated March 4 at 21:20 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)

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