Wendy's: Q2 Earnings Insights

Wendy's (NASDAQ:WEN) reported its Q2 earnings results on Wednesday, August 10, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Wendy's beat estimated earnings by 9.09%, reporting an EPS of $0.24 versus an estimate of $0.22.

Revenue was up $44.45 million from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 7.0% increase in the share price the next day.

Here's a look at Wendy's's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.18	0.15	0.18	0.18
EPS Actual	0.17	0.16	0.19	0.27
Revenue Estimate	497.10M	460.45M	470.20M	461.63M
Revenue Actual	488.64M	473.20M	470.25M	493.34M

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 FY 2022, expecting earnings between $0.84 and $0.88 per share.

To track all earnings releases for Wendy's visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.