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Benzinga
Benzinga
Business
Avi Kapoor

These Analysts Cut Their Forecasts On Wendy's After Q2 Results

WEN Wendys
Wendy's,Fast,Food,Restaurant,Sign,,Manassas,,Va,,Usa,,July,11,

Wendy's Company (NASDAQ:WEN) posted upbeat earnings for the second quarter on Friday.

The company reported second-quarter adjusted earnings per share of 29 cents, beating the analyst consensus estimate of 26 cents. Quarterly sales of $560.929 million (down 1.7% year over year) outpaced the Street view of $560.363 million. Adjusted Revenues fell 1.3% to $449.6 million.

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