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Benzinga
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These Analysts Cut Their Forecasts On Wendy's After Q2 Results

1. Wendy's reported Q2 earnings of 29 cents per share, beating expectations. 2. Sales slightly declined but surpassed analyst forecasts at $560.929 million. 3. Restaurant additions totaled 44 in Q2, improving global footprint. 4. EPS outlook for FY 2025 adjusted down to 82-89 cents, below consensus. 5. Analysts adjusted price targets, generally indicating lower valuations.

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FAQ

Why Bearish?

Despite beating earnings estimates, downward revisions in EPS outlook are concerning, similar to past trends where reduced expectations led to stock drops.

How important is it?

Analysts' adjustments and downward EPS revisions could significantly impact investor confidence and stock valuation.

Why Short Term?

Immediate reactions from analysts can affect stock in the following weeks, particularly with reduced price targets.

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