Noodles (NASDAQ:NDLS) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Noodles beat estimated earnings by 37.5%, reporting an EPS of $-0.05 versus an estimate of $-0.08.
Revenue was up $13.52 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 9.24% drop in the share price the next day.
Here’s a look at Noodles’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.02 | 0.05 | 0.07 | -0.16 |
| EPS Actual | 0.03 | 0.04 | 0.05 | -0.13 |
| Revenue Estimate | 135.98M | 127.04M | 130.91M | 112.39M |
| Revenue Actual | 136.47M | 129.38M | 131.07M | 112.56M |
To track all earnings releases for Noodles visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
