The Wendy's Company Q1 adjusted earnings Beat Estimates

(RTTNews) - The Wendy's Company (WEN) revealed earnings for its first quarter that climbed from the same period last year.

The company's profit came in at $31.89 million, or $0.14 per share. This compares with $20.16 million, or $0.08 per share, in last year's first quarter.

Excluding items, The Wendy's Company reported adjusted earnings of $33.35 million or $0.14 per share for the period.

Analysts had expected the company to earn $0.11 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.4% to $408.58 million from $380.56 million last year.

The Wendy's Company earnings at a glance:

-Earnings (Q1): $33.35 Mln. vs. $27.55 Mln. last year. -EPS (Q1): $0.14 vs. $0.11 last year. -Analysts Estimate: $0.11 -Revenue (Q1): $408.58 Mln vs. $380.56 Mln last year.