FAT Brands (FAT) Scheduled to Post Earnings on Wednesday

FAT Brands (NASDAQ:FAT) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, July 31st. Analysts expect the company to announce earnings of ($2.00) per share for the quarter.

FAT Brands (NASDAQ:FAT) last released its quarterly earnings data on Wednesday, May 1st. The company reported ($2.37) EPS for the quarter, missing analysts’ consensus estimates of ($1.39) by ($0.98). The business had revenue of $151.97 million for the quarter, compared to analysts’ expectations of $163.35 million. On average, analysts expect FAT Brands to post $-8 EPS for the current fiscal year and $-7 EPS for the next fiscal year.

FAT Brands Trading Down 2.8 %

FAT Brands stock traded down $0.16 during mid-day trading on Tuesday, reaching $5.47. The company’s stock had a trading volume of 6,352 shares, compared to its average volume of 25,704. The firm has a market cap of $86.10 million, a price-to-earnings ratio of -0.91 and a beta of 1.82. The business has a 50 day moving average price of $5.24 and a 200-day moving average price of $6.77. FAT Brands has a twelve month low of $4.51 and a twelve month high of $9.48.

FAT Brands Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, August 15th will be issued a dividend of $0.14 per share. This is an increase from FAT Brands’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $0.56 annualized dividend and a dividend yield of 10.24%. FAT Brands’s payout ratio is -9.08%.

FAT Brands Company Profile

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.