Noodles & Co expected to post a loss of 17 cents a share - Earnings Preview

Noodles & Co

07/05/2024 01:50

* Noodles & Co  NDLS.OQ   NDLS.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Broomfield Colorado-based  company is expected to
report a
3.7% decrease in revenue to $121.41 million from $126.08 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Noodles & Co is for a
loss
of 17 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 had risen by
about 42.9%
in the last three months. ​
    * Wall Street's median 12-month price target for Noodles &
Co is
$4.00​, above​ its last closing price of $1.74. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023              -0.01      -0.07     Missed  -600
 Sep. 30 2023  -0.01       -0.01      0.04      Beat    500
 Jan. 1 0001   0.05        0.06       -0.02     Missed  -136.4
                                                        ​
 Jan. 1 0001   -0.08       -0.08      -0.05     Beat    39.4
 ​​Dec.        0.02        0.03       0.03      Met     20
 31 2022                                                
 Sep. 30 2022  0.05        0.05       0.04      Missed  -16.7​
 Jun. 30 2022  0.07        0.07       0.05      Missed  -30.6
 Mar. 31 2022  -0.17       -0.17      -0.13     Beat    22.6
 This summary was machine generated May 7 at 00:50 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)