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Yahoo BusinessMar 03, 2021
25 stocks of companies backed by rapid earnings growth as the economy reopens

Deep Dive: 25 stocks of companies backed by rapid earnings growth as the economy reopens (MarketWatch)

MarketWatch MarketPulseMar 03, 2021
Wendy's earnings and revenue rise, but miss expectations
Wendy's Co. shares fell 2.4% in Wednesday premarket trading after the fast-food chain reported a fourth-quarter earnings and revenue miss. Net income totaled $38.7 million, or 17 cents per share, up from $26.5 million, or 11 cents per share, last year. Revenue of $474.3 million was up from $427.2 million last year. The FactSet consensus was for EPS of 18 cents and revenue of $477.0 million. Global same-restaurant sales grew 4.7%, below the FactSet consensus for 5.7% growth. And domestic same-restaurant sales were up 5.5%, also below the FactSet consensus for 6.1% growth. Wendy's says year-to-date U.S. same-restaurant sales through the week ending February 21 were up 6%, with a global increase of about 5%. For the year, Wendy's is guiding for global systemwide growth of 6% to 8%. The FactSet consensus is for $1.795 billion, suggesting growth of 3.4%. Wendy's stock has gained 11.2% over the past year while the S&P 500 index is up nearly 29% for the period.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Greenlane acquires specialty silicone smoking products maker Eyce in deal expected to immediately boost earnings (MarketWatch MarketPulse)

MarketWatch Breaking NewsMar 02, 2021
These 25 undervalued stocks are good prospects based on rapid earnings growth
These 25 undervalued stocks are good prospects based on rapid earnings growth
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