Franchise Group (NASDAQ:FRG) reported its Q1 earnings results on Wednesday, May 10, 2023 at 07:09 AM.
Here’s what investors need to know about the announcement.
Earnings
Franchise Group missed estimated earnings by 79.25%, reporting an EPS of $0.11 versus an estimate of $0.53.
Revenue was down $30.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.26 which was followed by a 7.66% increase in the share price the next day.
Here’s a look at Franchise Group’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.21 | 0.71 | 1.28 | 1.09 |
| EPS Actual | 0.47 | 0.59 | 1.19 | 1.29 |
| Revenue Estimate | 1.03B | 1.02B | 1.13B | 1.08B |
| Revenue Actual | 1.12B | 1.05B | 1.09B | 1.14B |
To track all earnings releases for Franchise Group visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
