Noodles Q4 Profit Rises

(RTTNews) - Noodles & Co. (NDLS) Wednesday reported fourth-quarter net income of $2.5 million or $0.08 per share, compared to $1.6 million or $0.07 per share in the comparable quarter last year.

Adjusted earnings for the quarter was $3.5 million or $0.11 per share. On average, ten 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 17.4 percent to $91.47 million from $77.93 million last year. Analysts expected revenues of $92.52 million.

Looking ahead, the company currently projects full-year revenues in a range of $406 million to $412 million. Analysts currently expect full-year revenues of $409.48 million.