Wendy's WEN reported its Q4 earnings results on Tuesday, March 1, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Wendy's beat estimated earnings by 6.67%, reporting an EPS of $0.16 versus an estimate of $0.15.
Revenue was up $1.11 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 1.12% increase in the share price the next day.
Here's a look at Wendy's's past performance:
|Quarter||Q3 2021||Q2 2021||Q1 2021||Q4 2020|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Wendy's management provided guidance for their next quarter, expecting earnings between $0.87 and $0.91 per share for the next quarter.
This represents a 456.25% in quarter-over-quarter growth for Wendy's, a bullish signal to many investors.
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