GEN Restaurant Gr Q1 EPS $0.11 Beats $0.01 Estimate, Sales $50.76M Beat $48.05M Estimate
Portfolio Pulse from Benzinga Newsdesk
GEN Restaurant Gr (NASDAQ:GENK) reported Q1 earnings of $0.11 per share, surpassing the $0.01 estimate, with sales of $50.76M beating the $48.05M estimate, marking a 15.73% increase from last year.
May 14, 2024 | 8:16 pm
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GEN Restaurant Gr reported a significant beat on both earnings per share and sales estimates for Q1, with a notable year-over-year sales increase.
The substantial beat on both earnings per share and sales estimates, coupled with a significant year-over-year sales growth, is likely to be viewed positively by investors, potentially leading to a short-term increase in GENK's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100