Noodles & Co. Q2 Profit Rises - Quick Facts

(RTTNews) - Noodles & Co. (NDLS) Thursday reported second-quarter profit of $0.68 million, down from $2.2 million in the comparable quarter last year. On a per-share basis, earnings were breakeven, compared to $0.09 last year.

Adjusted earnings for the quarter was $4.0 million or $0.13 per share. On average, seven analysts polled by Thomson Reuters expected the company to earn $0.12 per share for the quarter. Analysts' estimates typically exclude special items.

Revenue increased 18.2 percent to $89.2 million from $75.5 million last year. Analysts expected revenues of $88.05 million.

Looking ahead, the company currently projects full-year adjusted earnings in a range of $0.39 to $0.41 per share. Analysts currently expect full-year earnings of $0.39 per share.