This company has been acquired
Carrols Restaurant Group Past Earnings Performance
Past criteria checks 3/6
Carrols Restaurant Group has been growing earnings at an average annual rate of 3.3%, while the Hospitality industry saw earnings growing at 24% annually. Revenues have been growing at an average rate of 7.2% per year. Carrols Restaurant Group's return on equity is 19.5%, and it has net margins of 1.6%.
Key information
3.3%
Earnings growth rate
5.1%
EPS growth rate
| Hospitality Industry Growth | 19.5% |
| Revenue growth rate | 7.2% |
| Return on equity | 19.5% |
| Net Margin | 1.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Carrols: No Meat Left On This Bone, Sell
Mar 28Carrols Restaurant Group, Inc.'s (NASDAQ:TAST) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
Jan 17
Solid Earnings Reflect Carrols Restaurant Group's (NASDAQ:TAST) Strength As A Business
Nov 17Does Carrols Restaurant Group (NASDAQ:TAST) Have A Healthy Balance Sheet?
Nov 10Is Carrols Restaurant Group (NASDAQ:TAST) A Risky Investment?
May 13Carrols Restaurant Group (NASDAQ:TAST) Has Debt But No Earnings; Should You Worry?
Jan 09Carrols Restaurant Group: Valuation Starting To Improve
Sep 26Is Carrols Restaurant Group (NASDAQ:TAST) Using Debt Sensibly?
Sep 05Carrols Restaurant Q2 2022 Earnings Preview
Aug 10Carrols Restaurant Group: A High-Risk Bet On The Restaurant Space
Jul 04Is Carrols Restaurant Group (NASDAQ:TAST) Using Debt Sensibly?
May 02Carrols Restaurant Group: High-Risk, High-Reward
Dec 22Is Carrols Restaurant Group (NASDAQ:TAST) Using Too Much Debt?
Nov 01Revenue & Expenses Breakdown
How Carrols Restaurant Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 1,884 | 29 | 188 | 0 |
| 31 Dec 23 | 1,877 | 27 | 182 | 0 |
| 01 Oct 23 | 1,851 | 4 | 174 | 0 |
| 02 Jul 23 | 1,819 | -15 | 169 | 0 |
| 02 Apr 23 | 1,776 | -54 | 163 | 0 |
| 01 Jan 23 | 1,730 | -76 | 157 | 0 |
| 02 Oct 22 | 1,702 | -73 | 156 | 0 |
| 03 Jul 22 | 1,679 | -74 | 151 | 0 |
| 03 Apr 22 | 1,662 | -57 | 150 | 0 |
| 02 Jan 22 | 1,652 | -43 | 149 | 0 |
| 03 Oct 21 | 1,657 | -45 | 151 | 0 |
| 04 Jul 21 | 1,642 | -32 | 152 | 0 |
| 04 Apr 21 | 1,586 | -16 | 147 | 0 |
| 03 Jan 21 | 1,548 | -29 | 145 | 0 |
| 27 Sep 20 | 1,528 | -21 | 143 | 0 |
| 28 Jun 20 | 1,523 | -31 | 141 | 0 |
| 29 Mar 20 | 1,523 | -41 | 141 | 0 |
| 29 Dec 19 | 1,463 | -32 | 143 | 0 |
| 29 Sep 19 | 1,369 | -21 | 125 | 0 |
| 30 Jun 19 | 1,264 | -11 | 120 | 0 |
| 31 Mar 19 | 1,199 | -1 | 115 | 0 |
| 30 Dec 18 | 1,179 | 8 | 113 | 0 |
| 30 Sep 18 | 1,156 | 9 | 113 | 0 |
| 01 Jul 18 | 1,144 | 9 | 110 | 0 |
| 01 Apr 18 | 1,120 | 7 | 107 | 0 |
| 31 Dec 17 | 1,089 | 6 | 103 | 0 |
| 01 Oct 17 | 1,045 | 25 | 100 | 0 |
| 02 Jul 17 | 999 | 27 | 98 | 0 |
| 02 Apr 17 | 961 | 29 | 97 | 0 |
| 01 Jan 17 | 944 | 35 | 94 | 0 |
| 02 Oct 16 | 932 | 19 | 94 | 0 |
| 03 Jul 16 | 911 | 22 | 90 | 0 |
| 03 Apr 16 | 888 | 11 | 86 | 0 |
| 03 Jan 16 | 859 | 0 | 83 | 0 |
| 27 Sep 15 | 823 | -34 | 78 | 0 |
| 28 Jun 15 | 785 | -41 | 74 | 0 |
| 29 Mar 15 | 734 | -40 | 69 | 0 |
| 28 Dec 14 | 693 | -38 | 67 | 0 |
| 28 Sep 14 | 665 | -13 | 67 | 0 |
| 29 Jun 14 | 654 | -14 | 67 | 0 |
| 30 Mar 14 | 659 | -16 | 69 | 0 |
| 29 Dec 13 | 663 | -14 | 68 | 0 |
| 29 Sep 13 | 661 | -20 | 48 | 0 |
| 30 Jun 13 | 662 | -24 | 43 | 0 |
Quality Earnings: TAST has high quality earnings.
Growing Profit Margin: TAST became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TAST has become profitable over the past 5 years, growing earnings by 3.3% per year.
Accelerating Growth: TAST has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TAST has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (10.7%).
Return on Equity
High ROE: TAST's Return on Equity (19.5%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/05/15 12:56 |
| End of Day Share Price | 2024/05/15 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Carrols Restaurant Group, Inc. is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Gadlin | CJS Securities, Inc. |
| Jeremy Hamblin | Craig-Hallum Capital Group LLC |
| Brian Mullan | Deutsche Bank |