Wendy's Co <WEN.OQ> expected to post earnings of 28 cents a share - Earnings Preview
Wendy's Co WEN.OQ WEN.O is expected to show a rise in quarterly revenue when it reports results on August 1 for the period ending June 30 2024
The Dublin Ohio Ohio-based company is expected to report a 2.8% increase in revenue to $577.371 million from $561.57 million a year ago, according to the mean estimate from 21 analysts, based on LSEG data. (SAL is based on Total Revenue basis)
LSEG's mean analyst estimate for Wendy's Co is for earnings of 28 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 21 "hold" and 2 "sell" or "strong sell."
The mean earnings estimate of analysts had fallen by about 0.0% in the last three months.
Wall Street's median 12-month price target for Wendy's Co is $20.00, above its last closing price of $17.09.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2024 | 0.21 | 0.21 | 0.23 | Beat | 8.5 |
Jan. 1 2024 | 0.23 | 0.23 | 0.21 | Missed | -9.8 |
Sep. 30 2023 | 0.25 | 0.25 | 6.1 | ||
Jun. 30 2023 | 0.27 | 0.27 | 3.7 | ||
Mar. 31 2023 | 0.20 | 0.21 | Beat | 3.2 | |
Dec. 31 2022 | 0.20 | 0.22 | Beat | 4.8 | |
Jan. 1 0001 | 0.22 | 0.23 | 0.24 | Beat | 4.8 |
Jan. 1 0001 | 0.22 | 0.22 | 0.24 | Beat | 7.8 |
This summary was machine generated July 30 at 19:00 GMT. 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)
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