Bojangles’, Inc. (BOJA) Releases Quarterly Earnings Results, Meets Estimates
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.
ILLEGAL ACTIVITY WARNING: This article was first published by American Banking News and is owned by of American Banking News. If you are reading this article on another website, it was illegally stolen and reposted in violation of international trademark & copyright laws. The legal version of this article can be accessed at https://www.americanbankingnews.com/2017/11/01/bojangles-inc-boja-posts-earnings-results-misses-estimates-by-0-01-eps.html.
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.
Receive News & Ratings for Bojangles' Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bojangles' Inc. and related companies with MarketBeat.com's FREE daily email newsletter.