Recap: Carrols Restaurant Group Q1 Earnings

Carrols Restaurant Group TAST reported its Q1 earnings results on Thursday, May 11, 2023 at 07:00 AM.

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

Carrols Restaurant Group missed estimated earnings by 100.0%, reporting an EPS of $0.0 versus an estimate of $-0.26.

Revenue was up $45.69 million from the same period last year.

Last quarter the company beat on EPS by $0.16 which was followed by a 0.48% increase in the share price the next day.

Here's a look at Carrols Restaurant Group's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.21	-0.20	-0.10	-0.35
EPS Actual	-0.05	-0.14	-0.18	-0.34
Revenue Estimate	438.69M	439.75M	433.89M	402.37M
Revenue Actual	445.06M	443.96M	441.94M	399.48M

To track all earnings releases for Carrols Restaurant Group visit their earnings calendar here.

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