Will Wendy’s 4Q17 Earnings Boost Its Stock Price?
Wendy’s (WEN) is scheduled to announce its 4Q17 earnings before the market opens on February 22. As of February 15, the company’s stock price was trading at $15.70, which represents a rise of 6.5% since the announcement of its 3Q17 earnings on November 8. In 3Q17, Wendy’s posted adjusted EPS (earnings per share) of $0.09 on revenue of $308.0 million against analysts’ EPS estimate of $0.12 and revenue estimate of $310.3 million.