The Wendy's Company Reports Preliminary 2018 Results; Announces 2019 Outlook And New 2020 Goals

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Wendy's (WEN) PT Lowered to $16 at Stifel

February 22, 2019 8:44 AM EST

Stifel analyst Chris O\'Cull lowered the price target on Wendy's (NASDAQ: WEN) to $16.00 (from $17.00) while maintaining a Hold rating.

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Wendy's (WEN) Tops Q4 EPS by 1c, Offers Outlook, Approves $22M Buyback

February 21, 2019 7:09 AM EST

Wendy's (NASDAQ: WEN) reported Q4 EPS of $0.16, $0.01 better than the analyst estimate of $0.15. Revenue for the quarter came in at $397.8 million versus the consensus estimate of $400.01 million.

The Board has approved a new $225 million share repurchase authorization, expiring on March 1, 2020 that will replace the existing share repurchase... More