Wendy's (NASDAQ:WEN) reported quarterly earnings of $0.19 per share which beat the analyst consensus estimate of $0.18 by 5.56 percent. This is unchanged from the same period last year. The company reported quarterly
The COVID-19 pandemic has been a business-changing event for the restaurant industry and food-related businesses. With the reopening trade providing a lift to some businesses, food stocks could be under watch this week with some that saw business boosts during the pandemic and some that had harder times all reporting quarterly earnings.
Wendy's (NASDAQ: WEN) shares are trading higher Wednesday after the stock was mentioned on CNBC by Nelson Peltz.
Peltz stated Wendy's has 7% of his portfolio and that the company is "doing great," having just opened stores in the U.K.
Over the past 3 months, 5 analysts have published their opinion on Wendy's (NASDAQ:WEN) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.