Noodles & Co expected to post a loss of 1 cent a share - Earnings Preview

Noodles & Co

04/11/2023 02:04

* Noodles & Co  NDLS.OQ   NDLS.O  is expected to show a fall
in
quarterly revenue when it reports  results 
    * The Broomfield Colorado-based  company is expected to
report  a
2.5% decrease in revenue to $126.132 million from $129.38
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. The company's guidance on August 9
2023, for the period ended September 30, was for revenue between
$125.00 million and $130.00 million.
    * ​Refinitiv's mean analyst estimate for Noodles & Co is for
a
loss of 1 cent per share. The company's EPS guidance on August 9
2023, for the period ended September 30, was between $-0.03 and
$0.01 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 Noodles &
Co is
$5​, above​ its last closing price of $2.22. ​​​

The company's guidance on August 9 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD125 million and
USD11 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.05        0.06       -0.02     Missed  -136.4
 Mar. 31 2023  -0.08       -0.08      -0.05     Beat    39.4
 Dec. 31 2022  0.02        0.03       0.03      Met     20​
 Sep. 30 2022  0.05        0.05       0.04      Missed  -16.7
 ​​Jun.        0.07        0.07       0.05      Missed  -30.6
 30 2022                                                
 Mar. 31 2022  -0.17       -0.17      -0.13     Beat    22.6​
 Dec. 31 2021  0.07        0.08       -0.05     Missed  -165.2
 Sep. 30 2021  0.09        0.09       0.12      Beat    35.9
 This summary was machine generated November 4 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated