FAT Brands (FAT) Scheduled to Post Earnings on Wednesday

FAT Brands (NASDAQ:FAT) is scheduled to release its earnings data after the market closes on Wednesday, May 1st. Analysts expect FAT Brands to post earnings of ($1.39) per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

FAT Brands (NASDAQ:FAT) last issued its quarterly earnings results on Thursday, March 7th. The company reported ($1.68) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.55) by ($0.13). The company had revenue of $158.64 million for the quarter, compared to analyst estimates of $150.00 million. On average, analysts expect FAT Brands to post $-6 EPS for the current fiscal year and $-5 EPS for the next fiscal year.

FAT Brands Trading Up 1.8 %

NASDAQ FAT traded up $0.13 on Tuesday, hitting $7.45. 2,666 shares of the company were exchanged, compared to its average volume of 19,831. The firm has a 50 day moving average of $7.71 and a two-hundred day moving average of $7.05. The company has a market cap of $116.89 million, a P/E ratio of -1.27 and a beta of 1.81. FAT Brands has a 1-year low of $5.14 and a 1-year high of $9.48.

FAT Brands Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $0.56 annualized dividend and a yield of 7.52%. FAT Brands’s dividend payout ratio (DPR) is -9.74%.

About FAT Brands

FAT Brands Inc, a multi-brand restaurant franchising company, acquires, develops, markets, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts worldwide. It owns restaurant brands, including Round Table Pizza, Marble Slab Creamery, Great American Cookies, Hot Dog on a Stick, Pretzelmaker, Fazoli's, Fatburger, Johnny Rockets, Elevation Burger, Yalla Mediterranean, Buffalo's Cafe and Buffalo's Express, Hurricane Grill & Wings, Ponderosa Steakhouse/Bonanza Steakhouse, Native Grill & Wings, Smokey Bones, and Twin Peaks.