GEN Restaurant Group Inc reports results for the quarter ended June 30 - Earnings Summary

• GEN Restaurant Group Inc GENK.OQ reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of two analysts for the quarter was for breakeven results per share.

• Revenue rose 2.2% to $55.04 million from a year ago; analysts expected $60.26 million.

• GEN Restaurant Group Inc's reported EPS for the quarter was a loss of 5 cents​.

• The company reported a quarterly loss of $261 thousand.

• GEN Restaurant Group Inc shares had risen by 2.3% this quarter and lost 46.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 100% 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 $8.00, about 48.1% above its last closing price of $4.15

This summary was machine generated from LSEG data August 7 at 01:24 a.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)