Wendy’s (WEN) Projected to Post Quarterly Earnings on Thursday

Wendy’s (NASDAQ:WEN) is expected to be announcing its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect the company to announce earnings of $0.0923 per share and revenue of $531.28 million for the quarter. Parties may visit the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Wendy’s (NASDAQ:WEN) last posted its earnings results on Friday, August 7th. The restaurant operator reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.02. Wendy’s had a net margin of 5.72% and a return on equity of 115.31%. The firm had revenue of $570.57 million during the quarter, compared to analyst estimates of $557.13 million. During the same period in the previous year, the firm earned $0.29 EPS. The business’s quarterly revenue was up 1.8% on a year-over-year basis. On average, analysts expect Wendy’s to post $0.50 EPS for the current fiscal year and $0.48 EPS for the next fiscal year.

Wendy’s Stock Performance

WEN opened at $7.27 on Wednesday. The firm has a fifty day moving average price of $7.00 and a 200 day moving average price of $7.37. Wendy’s has a 1 year low of $5.94 and a 1 year high of $10.12. The stock has a market cap of $1.39 billion, a P/E ratio of 11.02, a P/E/G ratio of 1.33 and a beta of 0.37. The company has a debt-to-equity ratio of 27.95, a current ratio of 1.90 and a quick ratio of 1.88.

Wendy’s Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were given a dividend of $0.07 per share. This is a drop from Wendy’s’s previous quarterly dividend of $0.14. This represents a $0.28 annualized dividend and a yield of 3.9%. The ex-dividend date was Tuesday, September 1st. Wendy’s’s dividend payout ratio (DPR) is 42.42%.

Analyst Ratings Changes

WEN has been the subject of a number of recent analyst reports. Argus cut shares of Wendy’s from a “buy” rating to a “sell” rating in a report on Thursday, October 29th. Guggenheim reissued a “neutral” rating on shares of Wendy’s in a research note on Tuesday, September 15th. TD Cowen reissued a “hold” rating and set a $6.00 target price on shares of Wendy’s in a research note on Wednesday, October 28th. Stephens dropped their target price on Wendy’s from $8.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 15th. Finally, KeyCorp restated a “sector weight” rating on shares of Wendy’s in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $7.42.

Wendy’s News Summary

Here are the key news stories impacting Wendy’s this week:

• Positive Sentiment: An article describes Wendy’s as a potential takeover target for Nelson Peltz. That speculation may support investor interest, although the headline also points to challenges in the U.S. burger market and does not confirm an offer. Article
• Neutral Sentiment: Wendy’s plans a free Dave’s Single promotion for Veterans Day. The offer could raise visibility and visits, but its effect on sales and promotional costs is unclear. Article
• Neutral Sentiment: Other coverage—including a Wendy’s-themed role-playing game and food tips—appears unlikely to materially affect near-term earnings. Article
• Negative Sentiment: Short interest reached 38.46% of the float as of October 15, up 7.24% from September 30, with an estimated 9.95 days to cover. This points to substantial bearish positioning, though it could also amplify volatility if short sellers need to buy shares back. Article
• Negative Sentiment: Two Wendy’s restaurants in one area are closing. The closures may have limited company-wide impact, but add to concerns about performance at individual locations. Article

About Wendy’s

The Wendy’s Company (NASDAQ: WEN) operates and franchises quick-service restaurants under the Wendy’s brand. Its restaurants are known for hamburgers made with fresh, never-frozen beef, along with chicken sandwiches, salads, fries, breakfast items, desserts, and beverages.

Founded by Dave Thomas in 1969, Wendy’s has grown into an international restaurant chain with locations primarily in the United States and Canada, as well as select markets in other countries. The company’s restaurant system includes both company-operated and franchised locations.

In addition to its restaurant operations, Wendy’s supports customers through digital ordering, delivery, loyalty programs, and mobile applications.