Noodles Q3 Adj EPS $0.04 Beats $(0.01) Estimate, Sales $127.85M Beat $126.13M Estimate
Portfolio Pulse from Benzinga Newsdesk
Noodles (NASDAQ:NDLS) reported Q3 adjusted earnings of $0.04 per share, beating the analyst consensus estimate of $(0.01) by 500 percent. The company also reported quarterly sales of $127.85 million, surpassing the analyst consensus estimate of $126.13 million by 1.37 percent. However, this represents a 1.18 percent decrease over sales of $129.38 million the same period last year.
November 07, 2023 | 9:30 pm
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Noodles reported better than expected Q3 earnings and sales, but showed a slight decrease in sales compared to the same period last year.
Noodles' Q3 earnings and sales beat estimates, which is generally positive for the stock. However, the slight decrease in sales compared to the same period last year might temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100