Noodles & Co reports results for the quarter ended in June - Earnings Summary

Noodles & Co

09/08/2023 22:57

* Noodles & Co  NDLS.OQ  reported a quarterly adjusted loss
of 2
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
6 cents per share.
    * Revenue fell 4.5% to $125.15 million from a year ago;
analysts
expected $136.40 million. 
    * Noodles & Co's reported EPS for the quarter was a loss
of 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 26.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Noodles & Co shares had fallen by 1.8% this quarter and
lost 39.5% so far this year.
    * The company reported a quarterly loss of $1.3 million.
    * Wall Street's median 12-month price target for Noodles &
Co is
$7.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 09:57 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.06           -0.02          Missed
 Mar. 31 2023      -0.08          -0.05          Beat
 Dec. 31 2022      0.03           0.03           Met
 Sep. 30 2022      0.05           0.04           Missed