GEN Restaurant Group Inc reports results for the quarter ended March 31 - Earnings Summary

• GEN Restaurant Group Inc GENK.OQ reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 11 cents. The mean expectation of two analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -1 cents tozero cents per share.

• Revenue rose 13% to $57.34 million from a year ago; analysts expected $57.42 million.

• GEN Restaurant Group Inc's reported EPS for the quarter was a loss of 6 cents​.

• The company reported a quarterly loss of $301 thousand.

• GEN Restaurant Group Inc shares had fallen by 6.7% this quarter and lost 31.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 120% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the restaurants & bars peer group is also "buy"

• Wall Street's median 12-month price target for GEN Restaurant Group Inc is $11.00

This summary was machine generated from LSEG data May 13 at 09:53 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)