Flanigan's Enterprises FY23 EPS $2.15 Down From $3.40 YoY, Revenue $174.396M Up From $158.132M YoY
Portfolio Pulse from Benzinga Newsdesk
Flanigan's Enterprises reported a decrease in FY23 EPS to $2.15 from $3.40 year-over-year, while revenue increased to $174.396M from $158.132M in the same period.
January 03, 2024 | 9:24 pm
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Flanigan's Enterprises (BDL) experienced a decline in earnings per share (EPS) to $2.15 for FY23, down from $3.40 the previous year. However, the company's revenue saw an increase to $174.396M from $158.132M year-over-year.
The decrease in EPS is a significant indicator of profitability and may concern investors, potentially leading to a negative short-term impact on the stock price. However, the increase in revenue could offset some negative sentiment as it suggests growth in the company's operations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100