(Il Sole 24 Ore Radiocor) - Milano, 8 mag - Wendy's said its net income in the first quarter was 22.7 million dollars, or 0.12 dollars per share, compared to 39.2 million, or 0.19 per share, in the same period a year ago.

On an adjusted basis, earnings in the period were also 0.12 dollars per share against 0.20 a year ago. Analysts expected 0.10 dollars per share.

Total revenue in the three months were 540.6 million dollars, up from 523.5 million a year earlier. Analysts expected 518.03 million dollars.

Wendy's, still in the early stages of a turnaround, reaffirmed its full-year outlook.

The Ohio-based company said adjusted earnings per share are expected at 0.56-0.60 dollars per share in the full year.

Analysts are projecting 0.57 dollars per share.

(RADIOCOR) 08-05-26 14:13:04 (0419) 5 NNNN