Get ready to mark your calendars because the much anticipated third quarter financial results of The Wendy's Company (NASDAQ: WEN) are set to be unveiled on Thursday 31st October 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled before market open.
As per the projections made by financial experts on Wall Street, the organization is expected to announce an estimated $0.25 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $560.75 million.
Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $2.21 billion. Additionally, they predict that the earnings per share for the company will hit profit of $0.99 by the end of the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.27. This figure was a result of the company's total revenue, which reached an impressive $550.56 million million during that specific period.
[stock_market_widget type=”chart” template=”line2″ assets=WEN range=”1y” interval=”1wk” price_field=”close” heading=”{symbol}” line_width=”2″ gradient_direction=”bottom” gradient_size=”1″ line_color=”#1b6dc1″ area_background_color=”#1b6dc1″ area_background_color2=”#ffffff” axes_color=”#000000″ tooltip_text_color=”#262626″ tooltip_background_color=”#ffffff” range_selector=”false” volume_enabled=”false” axes_enabled=”true” tooltip_enabled=”false” events_enabled=”false” smoothing_enabled=”true” zoom_enabled=”false” save_image_enabled=”false” api=”yahoo-finance”]
WEN has scheduled a conference call on 31st October 2024 at 08:30 AM eastern time to discuss the third quarter financial results and other related information.
The previous trading day saw The Wendy's Company (WEN) shares trading between $20.25 and $20.58, besides a volume of 3.12 million shares. The stock closed Tuesday's regular trading session at $20.28, showing 0.59 percent drop.
