Corrected: Wendy's Co reports results for the quarter ended June 30 - Earnings Summary
CORRECTED-Wendy's Co reports results for the quarter ended June 30 - Earnings Summary Corrects quarter-end date to June 28 from June 30, and adjusted EPS to 18 cents, not 1 cent, in third bullet
By Lynx Insight Service
Wendy's Co WEN.OQ reported quarterly adjusted earnings of 18 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 29 cents. The mean expectation of twenty three analysts for the quarter was for earnings of 16 cents per share. Wall Street expected results to range from 13 cents to 20 cents per share.
Revenue rose 1.7% to $570.57 million from a year ago; analysts expected $557.19 million.
Wendy's Co's adjusted EPS for the quarter was 18 cents.
The company reported quarterly net income of $32.62 million.
Wendy's Co shares had fallen by 10.9% this quarter and lost 11.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 4.8% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 17 "hold" and 5 "sell" or "strong sell." The average consensus recommendation for the restaurants & bars peer group is "buy."
Wall Street's median 12-month price target for Wendy's Co is $8.00, about 7.6% above its last closing price of $7.39
This summary was machine generated from LSEG data August 7 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 28 2026 | 0.16 | 0.18 | Beat |
Mar. 31 2026 | 0.10 | 0.12 | Beat |
Dec. 31 2025 | 0.14 | 0.16 | Beat |
Sep. 30 2025 | 0.20 | 0.24 | Beat |
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