Noodles & Co expected to post earnings of 6  cents a share - Earnings Preview

Noodles & Co

08/08/2023 02:31

* Noodles & Co  NDLS.OQ   NDLS.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 9. 
    * The Broomfield Colorado-based  company is expected to
report  a
4.1% increase in revenue to $136.398 million from $131.07
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Noodles & Co is for
earnings of 6 cents per share. 
    * 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
$7​, above​ its last closing price of $3.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.08       -0.08      -0.05     Beat    39.4
 Dec. 31 2023  0.02        0.03       0.03      Met     20
 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.        -0.17       -0.17      -0.13     Beat    22.6
 31 2022                                                
 Dec. 31 2021  0.07        0.08       -0.05     Missed  -165.2
                                                        ​
 Sep. 30 2021  0.09        0.09       0.12      Beat    35.9
 Jun. 30 2021  0.10        0.11       0.10      Missed  -5.7
 This summary was machine generated August 8 at 01:31 GMT.  All
figures in US dollars  unless otherwise stated