The Wendy's Company Reports Fourth Quarter And Full Year 2019 Results
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SunTrust Reiterates Buy Rating on Wendy's (WEN) Following 4Q
February 27, 2020 7:34 AM ESTSunTrust analyst Jake Bartlett reiterated a Buy rating and $26.00 price target on Wendy's (NASDAQ: WEN) following the company's 4Q earnings report. SSS of +4.3% came in ahead of consensus of +3.1%, showing strong momentum ahead of WEN's 3/2 breakfast launch. WEN's supplemental contribution to breakfast... More
Wendy's (WEN) Reports In-Line Q4 EPS
February 26, 2020 7:04 AM ESTWendy's (NASDAQ: WEN) reported Q4 EPS of $0.08, in-line with the analyst estimate of $0.08. Revenue for the quarter came in at $427.2 million versus the consensus estimate of $424.19 million.
GUIDANCE:
Wendy's sees FY2020 EPS of $0.60-$0.62, versus the consensus of $0.65.
Global systemwide sales of... More