Published on 11 Aug 2022 on Zacks via Yahoo Finance
Carrols Restaurant Group (TAST) Reports Q2 Loss, Tops Revenue Estimates
Carrols Restaurant Group (TAST) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -500%. A quarter ago, it was expected that this restaurant operator would post a loss of $0.36 per share when it actually produced a loss of $0.34, delivering a surprise of 5.56%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.