FAT Brands Earnings Preview
Portfolio Pulse from Benzinga Insights
FAT Brands (NASDAQ:FAT) is scheduled to release its quarterly earnings report on March 7, 2024, with analysts expecting an EPS of $-1.21. The company's past earnings performance shows mixed results, with the last quarter beating estimates but resulting in a 5.26% share price drop the following day. Shares are currently trading at $7.98, up 9.55% over the last year. Investors are looking for positive guidance for the next quarter.
March 06, 2024 | 8:01 pm
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FAT Brands is expected to report an EPS of $-1.21 for the upcoming earnings, with a history of mixed earnings performance. Shares have increased by 9.55% over the last year.
Given the mixed historical earnings performance and the anticipation of future guidance, the short-term impact on FAT's stock price is uncertain. The positive year-over-year share performance suggests investor optimism, but past earnings have shown that beats or misses can lead to unpredictable stock movements.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100