Canada markets closed
  • S&P/TSX

    19,171.66
    -32.04 (-0.17%)
     
  • S&P 500

    4,124.66
    -16.93 (-0.41%)
     
  • DOW

    33,730.89
    +53.62 (+0.16%)
     
  • CAD/USD

    0.7992
    +0.0003 (+0.04%)
     
  • CRUDE OIL

    62.88
    -0.27 (-0.43%)
     
  • BTC-CAD

    79,270.79
    -412.75 (-0.52%)
     
  • CMC Crypto 200

    1,377.45
    +1.67 (+0.12%)
     
  • GOLD FUTURES

    1,737.70
    +1.40 (+0.08%)
     
  • RUSSELL 2000

    2,247.72
    +18.79 (+0.84%)
     
  • 10-Yr Bond

    1.6380
    +0.0150 (+0.92%)
     
  • NASDAQ futures

    13,821.00
    +22.25 (+0.16%)
     
  • VOLATILITY

    16.99
    +0.34 (+2.04%)
     
  • FTSE

    6,939.58
    +49.09 (+0.71%)
     
  • NIKKEI 225

    29,618.95
    -2.04 (-0.01%)
     
  • CAD/EUR

    0.6666
    +0.0001 (+0.02%)
     

Carrols Restaurant: Q4 Earnings Snapshot

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
  • Oops!
    Something went wrong.
    Please try again later.

SYRACUSE, N.Y. (AP) _ Carrols Restaurant Group Inc. (TAST) on Wednesday reported a loss of $18.6 million in its fourth quarter.

On a per-share basis, the Syracuse, New York-based company said it had a loss of 37 cents. Earnings, adjusted for one-time gains and costs, were less than 1 cent on a per-share basis.

The average estimate of three analysts surveyed by Zacks Investment Research was also breakeven on a per-share basis.

The restaurant operator posted revenue of $420.5 million in the period, also matching Street forecasts.

For the year, the company reported that its loss narrowed to $29.5 million, or 58 cents per share. Revenue was reported as $1.55 billion.

Carrols Restaurant shares have risen slightly more than 4% since the beginning of the year. The stock has risen 74% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TAST at https://www.zacks.com/ap/TAST