BurgerFi International, Inc. (BFI) Misses Q4 EPS by 96c

BurgerFi International, Inc. (NASDAQ: BFI) reported Q4 EPS of ($1.18), $0.96 worse than the analyst estimate of ($0.22). Revenue for the quarter came in at $45.2 million versus the consensus estimate of $45.8 million.

GUIDANCE:

BurgerFi International, Inc. sees FY2023 revenue of $175-180 million.

• Low-single digit same-store sales growth for corporate-owned locations
• 15-20 new franchised restaurants, including 2-3 new Anthony's
• Adjusted EBITDA of $10-12 million
• Capital expenditures of approximately $1-2 million

For earnings history and earnings-related data on BurgerFi International, Inc. (BFI) click here.

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