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NDLSBearishEarningsnews
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Noodles & Co. (NDLS) Reports Q1 Loss, Misses Revenue Estimates

May 8, 2024, 7:15 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Noodles & Co. reported a quarterly loss of $0.13 per share, higher than estimates. - Revenue for Noodles & Co. was $121.4 million, missing estimates by 0.63%. - Noodles & Co. stock has dropped 43.5% this year, underperforming the market. - Estimate revisions trend for Noodles & Co. is unfavorable, resulting in a Zacks Rank #5 (Strong Sell). - Sweetgreen, Inc. is expected to post a quarterly loss of $0.21 per share. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Noodles & Co. reported a quarterly loss of $0.13 per share, higher than estimates.
  • Revenue for Noodles & Co. was $121.4 million, missing estimates by 0.63%.
  • Noodles & Co. stock has dropped 43.5% this year, underperforming the market.
  • Estimate revisions trend for Noodles & Co. is unfavorable, resulting in a Zacks Rank #5 (Strong Sell).
  • Sweetgreen, Inc. is expected to post a quarterly loss of $0.21 per share.

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