BMO Capital Maintains Market Perform on Noodles, Lowers Price Target to $5
BMO Capital analyst Andrew Strelzik maintains Noodles (NASDAQ:NDLS) with a Market Perform and lowers the price target from $7 to $5.
Noodles: Q2 Earnings Insights
Noodles (NASDAQ:NDLS) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Noodles missed estimated earnings by 28.57%, reporting an EPS of $0.05 versus an estimate of $0.07.
Noodles Q2 EPS $0.05 Misses $0.07 Estimate, Sales $131.07M Beat $130.91M Estimate
Noodles (NASDAQ:NDLS) reported quarterly earnings of $0.05 per share which missed the analyst consensus estimate of $0.07 by 28.57 percent. This is a 50 percent decrease over earnings of $0.10 per share from the same
Earnings Scheduled For July 27, 2022
Companies Reporting Before The Bell
• Equinor (NYSE:EQNR) is projected to report earnings for its second quarter.
Stocks That Hit 52-Week Lows On Wednesday
During Wednesday's session, 326 stocks hit new 52-week lows.
BMO Capital Maintains Market Perform on Noodles, Lowers Price Target to $7
BMO Capital analyst Andrew Strelzik maintains Noodles (NASDAQ:NDLS) with a Market Perform and lowers the price target from $8 to $7.
12 Consumer Discretionary Stocks Moving In Wednesday’s After-Market Session
Gainers
Noodles (NASDAQ:NDLS) shares moved upwards by 10.6% to $5.34 during Wednesday's after-market session. The market value of their outstanding shares is at $244.0 million. The company's, Q1 earnings came out today.