Wendy's: Q4 Earnings Snapshot

DUBLIN, Ohio (AP) _ Wendy's Co. (WEN) on Wednesday reported fourth-quarter profit of $38.7 million.

On a per-share basis, the Dublin, Ohio-based company said it had profit of 17 cents.

The results missed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share.

The hamburger chain posted revenue of $474.3 million in the period, also missing Street forecasts. Nine analysts surveyed by Zacks expected $480.3 million.

For the year, the company reported profit of $117.8 million, or 52 cents per share. Revenue was reported as $1.73 billion.

Wendy's expects full-year earnings in the range of 67 cents to 69 cents per share.

Wendy's shares have dropped almost 3% since the beginning of the year. The stock has risen nearly 9% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WEN at https://www.zacks.com/ap/WEN