Wendy's (WEN) Reports In-Line Q4 EPS

Wendy's (NASDAQ: WEN) reported Q4 EPS of $0.08, in-line with the analyst estimate of $0.08. Revenue for the quarter came in at $427.2 million versus the consensus estimate of $424.19 million.

GUIDANCE:

Wendy's sees FY2020 EPS of $0.60-$0.62, versus the consensus of $0.65.

• Global systemwide sales of approximately $12.0 to $12.5 billion.
• Adjusted EBITDA of approximately $425 to $435 million.
• Adjusted earnings per share of approximately $0.60 to $0.62.
• Cash flows from operations of approximately $285 to $295 million, including the impact of the settlement of the Financial Institutions case. Excluding the impact of the settlement, the Company expects cash flows from operations of approximately $305 to $315 million.
• Capital expenditures of approximately $75 million.
• Free cash flow of approximately $230 to $240 million, excluding the approximately $20 million tax-effected impact from the settlement of the Financial Institutions case, which was finalized in January 2020. Including the impact of the settlement, the Company expects free cash flow of approximately $210 to $220 million.

For earnings history and earnings-related data on Wendy's (WEN) click here.

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