FAT Brands Q3 EPS $(1.14) Beats $(1.28) Estimate, Sales $109.37M Beat $106.90M Estimate
Portfolio Pulse from Happy Mohamed
FAT Brands reported Q3 losses of $(1.14) per share, beating the analyst consensus estimate of $(1.28) by 10.94%. This is a 16.33% decrease over losses from the same period last year. The company also reported quarterly sales of $109.37 million, beating the analyst consensus estimate of $106.90 million by 2.31%. This is a 5.95% increase over sales from the same period last year.
October 26, 2023 | 8:41 pm
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POSITIVE IMPACT
FAT Brands reported better than expected Q3 earnings and sales, which could positively impact the stock in the short term.
FAT Brands reported better than expected Q3 earnings and sales. This positive financial performance could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100