Noodles & Co. (NDLS) Reports Q3 Loss, Lags Revenue Estimates
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Noodles & Co. (NDLS) reported a Q3 loss of $0.12 per share, missing the Zacks Consensus Estimate of a $0.07 loss. This is a decline from last year's earnings of $0.04 per share.
November 07, 2024 | 12:15 am
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Noodles & Co. reported a larger-than-expected Q3 loss of $0.12 per share, missing the consensus estimate and showing a decline from last year's earnings.
The reported loss of $0.12 per share is worse than the expected loss of $0.07, indicating weaker performance than anticipated. This is likely to negatively impact the stock price in the short term as it reflects a decline in financial performance compared to the previous year.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100