Noodles & Company (NDLS) Scheduled to Post Earnings on Wednesday

Noodles & Company (NASDAQ:NDLS) will release its earnings data after the market closes on Wednesday, November 6th. Analysts expect Noodles & Company to post earnings of ($0.07) per share for the quarter. Noodles & Company has set its FY 2024 guidance at EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.

Noodles & Company (NASDAQ:NDLS) last issued its earnings results on Wednesday, August 7th. The restaurant operator reported ($0.05) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.05). The firm had revenue of $127.35 million for the quarter, compared to the consensus estimate of $130.45 million. Noodles & Company had a negative net margin of 5.03% and a negative return on equity of 42.03%. During the same quarter in the prior year, the firm posted ($0.02) earnings per share. On average, analysts expect Noodles & Company to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Noodles & Company Trading Up 0.9 %

Shares of NASDAQ NDLS opened at $1.17 on Monday. The firm’s 50 day moving average price is $1.26 and its 200-day moving average price is $1.58. The company has a market cap of $53.40 million, a PE ratio of -2.09 and a beta of 1.73. Noodles & Company has a 52-week low of $1.06 and a 52-week high of $3.50. The company has a debt-to-equity ratio of 8.79, a quick ratio of 0.17 and a current ratio of 0.32.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Noodles & Company from a “sell” rating to a “hold” rating in a research report on Thursday, August 29th.

About Noodles & Company

Noodles & Company, a restaurant concept company, develops and operates fast-casual restaurants. It offers cooked-to-order dishes, including noodles and pasta, soups, salads, and appetizers. It operates company owned locations and franchise locations. The company was founded in 1995 and is based in Broomfield, Colorado.