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Earnings Outlook For FAT Brands

FAT Brands (NASDAQ:FAT) is set to give its latest quarterly earnings report on Thursday, 2022-07-28. Here's what investors need to know before the announcement. Analysts estimate that FAT Brands will report an earnings per share (EPS) of $-0.88.

Benzinga · 07/27/2022 14:14

FAT Brands (NASDAQ:FAT) is set to give its latest quarterly earnings report on Thursday, 2022-07-28. Here's what investors need to know before the announcement.

Analysts estimate that FAT Brands will report an earnings per share (EPS) of $-0.88.

FAT Brands bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company missed EPS by $0.28, which was followed by a 1.96% drop in the share price the next day.

Here's a look at FAT Brands's past performance and the resulting price change:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.85 -0.29 -0.10 0.03
EPS Actual -1.13 -1.16 -0.14 -0.09
Price Change % -1.96% -11.61% -0.71% -4.28%

eps graph

Stock Performance

Shares of FAT Brands were trading at $8.53 as of July 26. Over the last 52-week period, shares are down 19.87%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

TO TRACK ALL EARNINGS RELEASES FOR FAT BRANDS VISIT THEIR EARNINGS CALENDAR ON OUR SITE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.