Recap: Franchise Group Q1 Earnings

Franchise Group FRG reported its Q1 earnings results on Wednesday, May 10, 2023 at 07:09 AM.

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

Franchise Group missed estimated earnings by 79.25%, reporting an EPS of $0.11 versus an estimate of $0.53.

Revenue was down $30.00 million from the same period last year.

Last quarter the company beat on EPS by $0.26 which was followed by a 7.66% increase in the share price the next day.

Here's a look at Franchise Group's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.21	0.71	1.28	1.09
EPS Actual	0.47	0.59	1.19	1.29
Revenue Estimate	1.03B	1.02B	1.13B	1.08B
Revenue Actual	1.12B	1.05B	1.09B	1.14B

To track all earnings releases for Franchise Group visit their earnings calendar here.

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