FAT Brands (FAT) Set to Announce Earnings on Wednesday

→ How Biden has already won 2024 (From Porter & Company) (Ad)

FAT Brands (NASDAQ:FAT - Get Free Report) will issue its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of ($1.39) per share for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.

FAT Brands (NASDAQ:FAT - Get Free Report) last issued its quarterly earnings results on Thursday, March 7th. The company reported ($1.68) earnings per share for the quarter, missing analysts' consensus estimates of ($1.55) by ($0.13). The company had revenue of $158.64 million for the quarter, compared to the consensus estimate of $150.00 million. On average, analysts expect FAT Brands to post $-6 EPS for the current fiscal year and $-5 EPS for the next fiscal year.

FAT Brands Stock Performance

FAT stock traded up $0.13 during mid-day trading on Tuesday, hitting $7.45. The company had a trading volume of 3,647 shares, compared to its average volume of 19,843. The firm has a market cap of $116.89 million, a PE ratio of -1.30 and a beta of 1.81. FAT Brands has a 12 month low of $5.14 and a 12 month high of $9.48. The stock's fifty day moving average price is $7.71 and its two-hundred day moving average price is $7.05.


FAT Brands Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 7.52%. The ex-dividend date of this dividend is Tuesday, May 14th. FAT Brands's dividend payout ratio is currently -9.74%.

About FAT Brands

(Get Free Report)

FAT Brands Inc, a multi-brand restaurant franchising company, acquires, develops, markets, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts worldwide. It owns restaurant brands, including Round Table Pizza, Marble Slab Creamery, Great American Cookies, Hot Dog on a Stick, Pretzelmaker, Fazoli's, Fatburger, Johnny Rockets, Elevation Burger, Yalla Mediterranean, Buffalo's Cafe and Buffalo's Express, Hurricane Grill & Wings, Ponderosa Steakhouse/Bonanza Steakhouse, Native Grill & Wings, Smokey Bones, and Twin Peaks.

Further Reading

Earnings History for FAT Brands (NASDAQ:FAT)

Should you invest $1,000 in FAT Brands right now?

Before you consider FAT Brands, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FAT Brands wasn't on the list.

While FAT Brands currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

Featured Articles and Offers

Search Headlines: