Bojangles’, Inc. (BOJA) Issues FY17 Earnings Guidance

Bojangles’, Inc. (NASDAQ:BOJA) issued an update on its FY17 earnings guidance on Wednesday morning. The company provided EPS guidance of $0.77-$0.81 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.82. The company issued revenue guidance of $544-$547 million, compared to the consensus revenue estimate of $549.40 million.

BOJA has been the subject of several recent analyst reports. William Blair lowered Bojangles’ from an outperform rating to a market perform rating in a report on Friday, July 28th. Stephens lowered Bojangles’ from an overweight rating to an equal weight rating in a report on Wednesday, October 11th. Zacks Investment Research lowered Bojangles’ from a hold rating to a sell rating in a report on Tuesday, July 4th. SunTrust Banks, Inc. reissued a buy rating and set a $21.00 price objective on shares of Bojangles’ in a report on Thursday, October 12th. Finally, Piper Jaffray Companies reissued a hold rating and set a $18.00 price objective on shares of Bojangles’ in a report on Friday, July 14th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. Bojangles’ presently has a consensus rating of Hold and a consensus price target of $18.13.

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About Bojangles’

Bojangles’, Inc is a restaurant operator and franchisor. The Company offers food made from its Southern recipes. The Company’s menu includes its made-from-scratch, buttermilk biscuits baked fresh every 20 minutes; its fresh, never-frozen bone-in fried chicken; its fixin’s; its Bo-Smart menu featuring items, such as salads, grilled chicken sandwiches, roasted chicken bites and fat-free green beans; its freshly baked and delicious sweets menu, and its Legendary Iced Tea.

Earnings History and Estimates for Bojangles` (NASDAQ:BOJA)

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