Casual restaurant chain Noodles & Company (NASDAQ:NDLS) will be reporting earnings tomorrow after the bell. Here’s what to expect.

Noodles missed analysts’ revenue expectations by 2.6% last quarter, reporting revenues of $127.4 million, up 1.8% year on year. It was a disappointing quarter for the company, with full-year revenue guidance missing analysts’ expectations.

Is Noodles a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Noodles’s revenue to decline 1.6% year on year to $125.9 million, in line with the 1.2% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.06 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Noodles has missed Wall Street’s revenue estimates five times over the last two years.

Looking at Noodles’s peers in the modern fast food segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Shake Shack delivered year-on-year revenue growth of 14.7%, meeting analysts’ expectations, and Chipotle reported revenues up 13%, in line with consensus estimates. Shake Shack’s stock price was unchanged after the results, and Chipotle’s price followed a similar reaction.

Read our full analysis of Shake Shack’s results here and Chipotle’s results here.

There has been positive sentiment among investors in the modern fast food segment, with share prices up 4.7% on average over the last month. Noodles’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $3.50 (compared to the current share price of $1.15).

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