Wendy's: Q1 Earnings Insights

Wendy's WEN reported its Q1 earnings results on Wednesday, May 11, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Wendy's missed estimated earnings by 5.56%, reporting an EPS of $0.17 versus an estimate of $0.18.

Revenue was up $28.44 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 0.13% drop in the share price the next day.

Here's a look at Wendy's's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.15	0.18	0.18	0.14
EPS Actual	0.16	0.19	0.27	0.20
Revenue Estimate	460.45M	470.20M	461.63M	444.31M
Revenue Actual	473.20M	470.25M	493.34M	460.20M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Wendy's management provided guidance for FY 2022, expecting earnings between $0.82 and $0.86 per share.

To track all earnings releases for Wendy's visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.