Wendy's (WEN) Misses Q1 EPS by 2c, Offers Guidance

Wendy's (NASDAQ: WEN) reported Q1 EPS of $0.17, $0.02 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $488.6 million versus the consensus estimate of $492.33 million.

GUIDANCE:

Wendy's sees FY2022 EPS of $0.82-$0.86, versus the consensus of $0.87.

• Global systemwide sales growth: 6 to 8 percent
• Adjusted EBITDA: $490 to $505 million
• Adjusted earnings per share: $0.82 to $0.86
• Cash flows from operations: $305 to $325 million
• Capital expenditures: $90 to $100 million
• Free cash flow: $215 to $225 million

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

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