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

Noodles & Co

27/04/2022 22:55

* Noodles & Co  NDLS.OQ  reported a quarterly adjusted loss
of 13
cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for a loss of 16
cents per share.
    * Revenue rose 2.7% to $112.56 million from a year ago; 
analysts
expected $112.56 million. 
    * Noodles & Co's reported EPS for the quarter was a loss
of 14
cents​.
    * The mean earnings estimate of analysts had fallen by
about 700%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Noodles & Co shares had fallen by 20.3% this quarter and
lost 47.5% so far this year.
    * The company reported a quarterly loss of $6.43 million.
    * Wall Street's median 12-month price target for Noodles &
Co is
$12.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 27 at 09:55 p.m.  ​All
figures in US dollars unless otherwise stated