THE WENDY'S COMPANY REPORTS THIRD QUARTER 2022 RESULTS

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Wendy's (WEN) PT Lowered to $23 at Deutsche Bank

November 9, 2022 12:28 PM EST

Deutsche Bank analyst Brian Mullan lowered the price target on Wendy's (NASDAQ: WEN) to $23.00 (from $24.00) while maintaining a Buy rating following earnings.

The analyst commented, "This morning, WEN reported its 3Q22 results and hosted its call. Overall, we think the results were in aggregate... More

Wendy's (WEN) Tops Q3 EPS by 1c

November 9, 2022 7:08 AM EST

Wendy's (NASDAQ: WEN) reported Q3 EPS of $0.24, $0.01 better than the analyst estimate of $0.23. Revenue for the quarter came in at $532.6 million versus the consensus estimate of $539.64 million.

GUIDANCE:

Wendy's sees FY2022 EPS of $0.84-$0.88, versus the consensus of $0.85.

For earnings history and earnings-related data on Wendy's (WEN) click here.

... More