Carrols Restaurant Group Earnings: Your Sneak Peek to the Big Announcement

Carrols Restaurant Group (NASDAQ:TAST) will report earnings before markets open on Tuesday, May 7th. Carrols Restaurant Group Inc. owns and operates regional restaurant companies. The Company is also a Burger King franchisee.

Here is your Cheat Sheet to Carrols Restaurant Group Earnings:

Earnings Expectations: Analysts expect earnings of $-0.24 per share on revenues of $152.72 million.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a loss of $0.06 to a loss $0.08. For the current year, the average estimate is a loss of $0.43, which is worse than the estimate ninety days ago.

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Earnings Trends:

Here’s how Carrols Restaurant Group has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 816.33 816.14 357.07 347.52 539.61
Diluted EPS ($) 0.59 1.00 0.55 0.52 -0.83

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 86.70 211.59 122.10 169.47 162.58
Diluted EPS ($) 0.0027 -0.16 -0.01 -0.29 -0.3700

Past Performance:
Carrols Restaurant Group has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)