Company Overview - Wendy's is expected to report quarterly earnings of 523.98 million, down 2% from the same quarter last year [3] - The consensus EPS estimate has been revised 2.84% lower in the last 30 days, indicating a bearish sentiment among analysts [4] Earnings Expectations - The stock may rise if actual earnings exceed expectations in the upcoming report, scheduled for May 2 [2] - Conversely, if earnings fall short, the stock could decline [2] - The Earnings ESP for Wendy's is -1.14%, suggesting analysts have become more pessimistic about the company's earnings prospects [11] Historical Performance - In the last reported quarter, Wendy's exceeded expectations by delivering earnings of 0.24, resulting in a surprise of +4.17% [12] - Over the past four quarters, Wendy's has beaten consensus EPS estimates two times [13] Industry Context - In the Zacks Retail - Restaurants industry, BJ's Restaurants is expected to post earnings of 347.94 million, up 3.2% from the previous year [17] - The consensus EPS estimate for BJ's has been revised down by 0.7% in the last 30 days, and it has an Earnings ESP of -5.23% [18]
Analysts Estimate Wendy's (WEN) to Report a Decline in Earnings: What to Look Out for