The Wendy's Company Reports First Quarter 2021 Results

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Wendy's (WEN) PT Raised to $24 at Cowen Following Earnings

May 12, 2021 5:23 PM EDT

Cowen analyst Andrew Charles raised the price target on Wendy's (NASDAQ: WEN) to $24.00 (from $22.00) while maintaining a Market Perform rating.

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Wendy's (WEN) Tops Q1 EPS by 6c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus

May 12, 2021 7:02 AM EDT

Wendy's (NASDAQ: WEN) reported Q1 EPS of $0.20, $0.06 better than the analyst estimate of $0.14. Revenue for the quarter came in at $460.2 million versus the consensus estimate of $444.31 million.

"We are increasing our 2021 financial outlook meaningfully across all key financial metrics, driven by an outstanding first quarter that underscores... More