Top Wall Street Forecasters Revamp Wendy's Expectations Ahead Of Q2 Earnings
1. Wendy's Q2 earnings expected at $0.25 per share, down from last year's $0.27. 2. Projected revenue for Q2 is $558.03 million, below last year's $570.73 million. 3. Wendy's has missed analyst estimates in six of the last ten quarters. 4. Stocks fell 0.8% to close at $9.96 before earnings release. 5. Analysts cut price targets significantly, reflecting concerns about performance.