GEN Restaurant Group Inc reports results for the quarter - Earnings Summary

GEN Restaurant

12/11/2024 23:26

* GEN Restaurant Group Inc  GENK.OQ  reported quarterly
adjusted
earnings of 1 cent​​ per share for the quarter , lower than the
same quarter last year, when the company reported EPS of 8
cents.  The mean expectation of three analysts for the quarter
was for a loss of one cent per share. Wall Street expected
results to range from -1 cents tozero cents per share.
    * Revenue rose 7.8% to $49.11 million from a year ago;
analysts
expected $49.84 million. 
    * GEN Restaurant Group Inc's reported EPS for the quarter
was 1
cent​.
    * The company reported quarterly net income of $25 thousand.
    * GEN Restaurant Group Inc shares had risen by 15.5% this
quarter and gained 24.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the restaurants &
bars
peer group is also "buy"

Wall Street's median 12-month price target for GEN Restaurant
Group Inc is $13.50 
This summary was machine generated from LSEG data November 12 at
11:26 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.01          0.01           Beat
 Jun. 30 2024      0.03           0.06           Beat
 Mar. 31 2024      0.01           0.11           Beat
 Dec. 31 2023      0.03           -0.01          Missed