GEN Restaurant Group Reports Q3 Earnings Miss with Negative EPS and Declining Revenue
GEN Restaurant Group, Inc. (GENK) reported third-quarter financial results that fell short of market expectations on both the top and bottom lines. The company posted a GAAP earnings per share (EPS) of -$0.16, missing consensus estimates by $0.10. Total revenue for the quarter reached $48.7 million, representing a 3.4% year-over-year decline and missing analyst projections by $5.2 million. Following the announcement, the company's stock experienced a downward trend in after-hours trading.
Tickers: $GENK