Noodles & Company (NASDAQ:NDLS - Get Free Report) is scheduled to be releasing its earnings data after the market closes on Wednesday, May 8th. Analysts expect Noodles & Company to post earnings of ($0.19) per share for the quarter. Noodles & Company has set its FY 2024 guidance at EPS.Persons that are interested in participating in the company's earnings conference call can do so using this link.
Noodles & Company (NASDAQ:NDLS - Get Free Report) last released its quarterly earnings data on Thursday, March 7th. The restaurant operator reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.06). The firm had revenue of $124.32 million during the quarter, compared to analyst estimates of $124.95 million. Noodles & Company had a negative net margin of 1.96% and a negative return on equity of 13.20%. On average, analysts expect Noodles & Company to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Noodles & Company Trading Up 2.6 %
NASDAQ:NDLS traded up $0.04 on Wednesday, reaching $1.55. 183,875 shares of the stock traded hands, compared to its average volume of 269,625. The firm has a market capitalization of $69.73 million, a price-to-earnings ratio of -7.05 and a beta of 1.65. The company's 50 day moving average is $1.84 and its 200-day moving average is $2.44. The company has a current ratio of 0.34, a quick ratio of 0.18 and a debt-to-equity ratio of 2.95. Noodles & Company has a 1-year low of $1.11 and a 1-year high of $4.98.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on NDLS shares. Benchmark decreased their target price on shares of Noodles & Company from $4.00 to $3.00 and set a "buy" rating for the company in a research report on Wednesday, April 24th. StockNews.com downgraded shares of Noodles & Company from a "hold" rating to a "sell" rating in a research report on Friday, March 8th.
Check Out Our Latest Report on NDLS
Noodles & Company Company Profile
(
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Noodles & Company, a restaurant concept company, develops and operates fast-casual restaurants. It offers cooked-to-order dishes, including noodles and pasta, soups, salads, and appetizers. It operates company owned locations and franchise locations. The company was founded in 1995 and is based in Broomfield, Colorado.
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