Bojangles’, Inc. (NASDAQ:BOJA) issued its earnings results on Wednesday. The restaurant operator reported $0.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.17, Bloomberg Earnings reports. The company had revenue of $133.40 million for the quarter, compared to analyst estimates of $133.88 million. Bojangles’ had a net margin of 6.70% and a return on equity of 17.05%. The company’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter last year, the firm earned $0.25 EPS. Bojangles’ updated its FY17 guidance to $0.77-$0.81 EPS.

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Several research analysts have recently issued reports on BOJA shares. Jefferies Group LLC reaffirmed a “buy” rating and issued a $20.00 target price on shares of Bojangles’ in a research note on Sunday, July 30th. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $21.00 target price on shares of Bojangles’ in a research note on Thursday, October 12th. TheStreet lowered shares of Bojangles’ from a “c-” rating to a “d+” rating in a research note on Friday, October 13th. Barclays PLC reduced their target price on shares of Bojangles’ from $15.00 to $14.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 18th. Finally, Stephens lowered shares of Bojangles’ from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, October 11th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $17.88.

Bojangles’ Company Profile

Bojangles’, Inc is a restaurant operator and franchisor. The Company offers food made from its Southern recipes. The Company’s menu includes its made-from-scratch, buttermilk biscuits baked fresh every 20 minutes; its fresh, never-frozen bone-in fried chicken; its fixin’s; its Bo-Smart menu featuring items, such as salads, grilled chicken sandwiches, roasted chicken bites and fat-free green beans; its freshly baked and delicious sweets menu, and its Legendary Iced Tea.

Earnings History for Bojangles` (NASDAQ:BOJA)

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