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Wendy’s top estimates

 (Image source: businessinsider.com)

The restaurant chain Wendy's Co (NASDAQ:WEN) is performing well in the early session of trading after posting first quarter earnings that beat estimates. Adjusted earnings per share were reported two cents above estimates. Revenue in the quarter was $20.5 million higher than estimates. Total cost and interest expense all slid during the quarter. The number of franchisees also expanded in the quarter.