Noodles & Co expected to post earnings of 7  cents a share - Earnings Preview

Noodles & Co

25/07/2022 23:20

* Noodles & Co  NDLS.OQ   NDLS.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 27. 
    * The Broomfield Colorado-based  company is expected to
report  a
4.2% increase in revenue to $130.91 million from $125.65 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Noodles & Co is for
earnings of 7 cents per share. For the same quarter last year,
the company reported earnings of 10 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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
$10​, above​ its last closing price of $4.95. ​​​
    * 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 2022  -0.17       -0.17      -0.13     Beat    22.6
 Dec. 31 2022  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
 ​​Mar.        -0.01       -0.01      -0.02     Missed  -66.7
 31 2021                                                
 Dec. 31 2020  -0.03       0.01       -0.04     Missed  -385.7
                                                        ​
 Sep. 30 2020  0.00        0.00       0.01      Beat    400
 Jun. 30 2020  -0.22       -0.21      -0.18     Beat    14.3
 This summary was machine generated July 25 at 22:20 GMT.  All
figures in US dollars  unless otherwise stated