Noodles & Co expected to post earnings of 3cents a share - Earnings Preview

Noodles & Co

17/02/2023 11:17

* Noodles & Co  NDLS.OQ   NDLS.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 21
(estimated). 
    * The Broomfield Colorado-based  company is expected to
report  a
18.5% increase in revenue to $135.983 million from $114.8
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on
November 3 2022, for the period ended December 31, was for
revenue between $133.50 million and $136.50 million.
    * ​Refinitiv's mean analyst estimate for Noodles & Co is for
earnings of 3 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "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. ​
    * Wall Street's median 12-month price target for Noodles &
Co is
$9.5​, above​ its last closing price of $6.12. ​​​

The company's guidance on November 3 2022 for the period ended
December 31 was for Capital Expenditures between USD7 million
and USD10 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  
 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​
 Dec. 31 2021  0.07        0.08       -0.05     Missed  -165.2
 ​​Sep.        0.09        0.09       0.12      Beat    35.9
 30 2021                                                
 Jun. 30 2021  0.10        0.11       0.10      Missed  -5.7​
 Mar. 31 2021  -0.01       -0.01      -0.02     Missed  -66.7
 Dec. 31 2020  -0.03       0.01       -0.04     Missed  -385.7
 This summary was machine generated February 17 at 11:17 GMT. 
All figures in US dollars  unless otherwise stated