Shares of Carrols Restaurant Group (NASDAQ:TAST) rose 2.3% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share decreased 31.03% year over year to ($0.38), which missed the estimate of ($0.35).Revenue of $351,518,000 rose by 20.88% year over year, which missed the estimate of $366,860,000.Outlook Carrols Restaurant Group hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: May 07, 2020View more earnings on TASTTime: 08:02 AM ETWebcast URL: https://edge.media-server.com/mmc/p/tutvg7wnPrice Action Company's 52-week high was at $10.6552-week low: $0.98Price action over last quarter: down 28.57%Company Overview Carrols Restaurant Group Inc is a United States based restaurant company. It owns and operates Burger King restaurants in the Northeastern, Midwestern, and Southeastern United States. The Burger King restaurants are quick-service restaurants featuring hamburgers and other sandwiches.See more from Benzinga * Triple-S Management: Q1 Earnings Insights * Sprague Resources: Q1 Earnings Insights * Oaktree Strategic Income: Q2 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
Bear of the Day: Carrols (TAST)
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Carrols Restaurant Group, Inc. New York, May 04, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Carrols Restaurant Group, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
If you're interested in Carrols Restaurant Group, Inc. (NASDAQ:TAST), then you might want to consider its beta (a...
Carrols Restaurant (TAST) delivered earnings and revenue surprises of -50.00% and -0.28%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Carrol's is supported by its good relationship with Restaurant Brands International, Inc. ("RBI") (owner of Burger King), its position as the largest franchisee in the Burger King system (14% of units) and RBI's 15% equity ownership of Carrols. Carrols' is constrained by the need to digest acquisitions and ramp-up new builds that have been added to the system at a rapid pace over the past few years, the competitive and promotional operating environment, and wage and cost inflation.
Carrols Restaurant (TAST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
There's been a major selloff in Carrols Restaurant Group, Inc. (NASDAQ:TAST) shares in the week since it released its...
Pomerantz LLP is investigating claims on behalf of investors of Carrols Restaurant Group, Inc. (“Carrols” or the “Company”) (NASDAQ: TAST) Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. The investigation concerns whether Carrols and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. On February 25, 2020, Carrols issued a press release reporting its financial results for the fourth quarter and full year ended December 29, 2019.
Kirkland Lake Gold, Carrols Restaurant and Boeing highlighted as Zacks Bull and Bear of the Day
With that, I will now turn the call over to our chairman and CEO, Dan Accordino. As you will recall from our Q4 call, we began 2020 with optimism with respect to what we intended to accomplish this year in improving operations across our restaurants, resetting our priorities in terms of capital allocation, and generating free cash flow.
Carrols Restaurant Group, Inc. ("Carrols" or the "Company") (Nasdaq: TAST) today reported financial results for the first quarter ended March 29, 2020 and provided a business update.
NEW YORK, NY / ACCESSWIRE / February 25, 2020 / Carrols Restaurant Group, Inc. (NASDAQ:TAST) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on February ...
There's been a major selloff in Carrols Restaurant Group, Inc. (NASDAQ:TAST) shares in the week since it released its...
Carrols Restaurant Group, Inc. ("Carrols") (Nasdaq: TAST), the largest BURGER KING® franchisee in the United States, today announced that Daniel T. Accordino, Chairman and Chief Executive Officer, and Anthony E. Hull, Chief Financial Officer, will host a conference call to discuss first quarter 2020 financial results and provide a business update on Thursday, May 7, 2020 at 8:30 AM ET. A press release with first quarter 2020 financial results will be issued at 7:00 AM ET that same day.
Investors need to pay close attention to Carrols Restaurant (TAST) stock based on the movements in the options market lately.
NEW YORK, ACCESSWIRE / February 28, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Carrols Restaurant Group, Inc. ("Carrols" or the "Company") ...
Carrols Restaurant (TAST) delivered earnings and revenue surprises of 0.00% and -3.14%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?