ARKR Earnings Prediction
The chart below shows how ARKR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ARKR sees a -0.84% change in stock price 10 days leading up to the earnings, and a +3.83% change 10 days following the report. On the earnings day itself, the stock moves by -5.13%. This data can give you a slight idea of what to expect for the next quarter's release.
ARKR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
43.41M
-2.24%
-13.87%
Gross Margin
70.24%
0.06%
-1.83%
Operating Margin
-1.48%
-10.30%
-122.42%
Net Margin
-11.60%
-50.81%
-751.69%
EPS
-1.24
-56.94%
-788.89%
No Data Available
ARKR Earnings Analysis
Ark Restaurants Corp Corporation (ARKR.O) Earnings Conference Call
Positive
Cash and Debt Position: We ended the year with $10.3 million of cash and $5.2 million of debt.
Cash Position Stability: We have approximately the same amount of cash $10.5 million to $11 million of cash as of the current date.
Vacating Compensation Agreement: We are getting $5.5 million to vacate the space.
Ongoing Concept Exploration: We are looking at various concepts that are not one-offs.
Negative
Cash and Debt Position: We ended the year with $10.3 million of cash and $5.2 million of debt.
Credit Agreement Extension: We will be in current discussions with the bank to extend our credit agreement and term out the rest of that debt over a number of years.
El Rio Grande Closure Loss: We had the loss on the closure of El Rio Grande, which is discussed in the press release.
Impairment Loss on Assets: We had the impairment loss on the Sequoia right-of-use assets, which was from the third quarter.
Goodwill Impairment Loss: We had an additional goodwill impairment of $4 million.
ARKR FAQs
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ARKR Earning Call Sentiment
Ark Restaurants Corp. (ARKR) Q4 2024 Earnings Call Transcript
1.0x
00:00
00:00
ARKR.O
2.72%Positive
The earnings call reveals several challenges: goodwill impairment, challenging revenue environments in key markets, and high expenses impacting margins. While there is potential in the New Jersey casino license, its timing is uncertain. The Q&A section highlights further uncertainties, with unclear management responses and no new business developments. Despite a stable cash position, the overall sentiment is negative due to ongoing financial issues and lack of growth catalysts.