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

Noodles & Co

10/05/2023 22:52

* Noodles & Co  NDLS.OQ  reported a quarterly adjusted loss
of 5
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss of 8
cents per share.
    * Revenue rose 12% to $126.08 million from a year ago;
analysts
expected $126.41 million. 
    * Noodles & Co's reported EPS for the quarter was a loss
of 7
cents​.
    * The mean earnings estimate of analysts had fallen by
about 430%
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 0.4% this quarter and
lost 12.0% so far this year.
    * The company reported a quarterly loss of $3.12 million.
    * Wall Street's median 12-month price target for Noodles &
Co is
$9.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
10 at 09:52 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.07           0.05           Missed